China invests $10B in B&R countries in first three quarters

0 Comment(s)Print E-mail Xinhua, November 2, 2019
Adjust font size:

China's non-financial investment in countries along the Belt and Road (B&R) stood at $10.04 billion in the first three quarters, down 6.9% year on year, according to the Ministry of Commerce.

The investment took up 12.4% of China's total non-financial outbound investment in the same period, and it went mainly to Singapore, Vietnam, Laos, Indonesia, Pakistan, the United Arab Emirates, Thailand, Malaysia, Cambodia and Kazakhstan.

In terms of foreign contracted projects, Chinese enterprises have signed 4,906 new contracts worth $86.8 billion in countries along the B&R in the first nine months, up 18.4% over the same period last year.

The new contract value accounts for 59.2% of China's foreign contracted projects in the same period.

The completed turnover of foreign contracted projects in B&R countries was $55.89 billion, down 4.4% from the same period last year, accounting for 54.7% of the country's total completed turnover of foreign contracted projects.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter