China’s investment in Belt and Road countries up 38.6%.Men’s Reebok Montreal Canadiens 33 Patrick Roy Authentic Away White Ice Hockey Jersey.
BEIJING – China’s investment in Belt and Road Initiative countries soared 38.6 percent year on
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Investment in Belt and Road countries stood at $18.93 billion and represented 13 percent of the
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Zhang told reporters at a news conference that Belt and Road investment is essential to the fast development of China’s ODI.
China’s ODI hit an all-time high of $145.67 billion in 2015, exceeding the 135.6 billion in foreign direct investment it received, making it a net capital exporter for the first time, Zhang said.
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It is the world’s second-largest source of outbound investment, exceeded only by the United States, Zhang said.
The initiative, proposed by President Xi Jinping in 2013, refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road — a trade and infrastructure network connecting Asia with Europe and Africa along ancient trade routes.
As of July, Chinese enterprises had established 52 economic cooperation zones in the
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The MOC said earlier the Belt and Road Initiative had boosted business cooperation between Chinese and foreign firms. During the first eight months of 2016, nearly 4,000 engineering
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China needs to fully take advantage of the international market and resources as its economy and companies transform, said Zhang, adding that Chinese firms are keen to become active
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