The total volume of goods trade between China and countries along the "the Belt and Road" is about 12 trillion US dollars
It has been 9 years since China proposed to jointly build the "the Belt and Road". Zhang Ming, Deputy Director of the Opening up Department of the National Development and Reform Commission of China, revealed on the 29th that by the end of August 2022, China's trade in goods with countries along the "the Belt and Road" has totaled about 12 trillion dollars, and non-financial direct investment in countries along the "Belt and Road" has exceeded 140 billion dollars.
Zhang Ming said at the press conference held by the National Development and Reform Commission that over the past nine years, the joint construction of the "the Belt and Road" has constantly consolidated and expanded the scope of cooperation. As of now, China has signed over 200 cooperation agreements with 149 countries and 32 international organizations. The joint construction of the "the Belt and Road" has been written into the outcome documents of multilateral mechanisms such as the United Nations and APEC.
Over the past nine years, the joint construction of the "the Belt and Road" connectivity has also been steadily advancing, and a large number of key cooperation projects have taken root. The China Laos Railway has been put into operation for the whole line, and the passenger and freight transport volume has grown steadily; The Berno section of the Serbia Serbia railway has been successfully opened to traffic in Serbia; The longest tunnel of the Yawan high-speed railway has been fully connected; Gwadar Port has full operational capacity and is becoming a regional logistics hub and port industrial base. The China Europe freight train has opened up a new land transportation channel between Asia and Europe, providing strong support for ensuring the stability and smoothness of the international supply chain and industrial chain.
In terms of economic and trade exchanges and cooperation, over the past nine years, the international market for the joint construction of the "the Belt and Road" has been constantly expanding, realizing the mutually beneficial and win-win development of all countries. China has signed mutual recognition agreements for "certified operators" with more than 30 co building countries and regions, and the level of trade and investment liberalization and facilitation continues to improve.
Zhang Ming also mentioned that the joint construction of the "the Belt and Road" deepened international cooperation in digital and innovation, and created a number of new highlights of innovative cooperation; The investment and financing channels have been continuously expanded, and a diversified, stable and sustainable "the Belt and Road" investment and financing system has been gradually established; A diverse and interactive cultural exchange pattern has been formed.
He concluded that over the past nine years, the joint construction of the "the Belt and Road" has become a popular global public product and a major international cooperation platform, which has built an important practice platform for building a community with a shared future for mankind.
