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Economy

China's investment in B&R countries exceeds 12 billion USD

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2020-01-12 19:40:06Xinhua Editor : Huang Mingrui ECNS App Download

China's non-financial investment in countries along the Belt and Road (B&R) reached 12.78 billion U.S. dollars during the first 11 months of 2019, according to the Ministry of Commerce.

The volume of foreign contracted projects signed by Chinese enterprises in countries along the B&R reached 127.67 billion U.S. dollars during the period, surging 41.2 percent year on year.

The completed turnover of foreign contracted projects in B&R countries was 74.61 billion U.S. dollars, up 1.3 percent from a year earlier.

Meanwhile, B&R countries invested 7.02 billion U.S. dollars and set up 4,964 enterprises in China.

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