China’s investment in B&R countries in Jan-Apr up 17.3pct o-y

In the first four months of the year, Chinese enterprises' non-financial direct investment in 53 countries along the Belt and Road totaled 4.67 billion U.S. dollars, an increase of 17.3 percent year on year, accounting for 13.1 percent of the countries' outbound investment in the period, according to the Ministry of Commerce.

The investments went mainly to countries including Singapore, Laos, Malaysia, Vietnam, Indonesia, Pakistan, Thailand and Myanmar.

In respect of overseas contracting projects, the number of the newly-signed engineering project contracts of the Chinese enterprises in the countries along the Belt and Road was 1,010 in the first four months of the year, with the contracts worth 28.83 billion U.S. dollars, accounting for 47 percent of the country’s newly-signed foreign engineering contracts, and down 9.5 percent year on year.

Meanwhile, the accomplished turnover of these contracts along the Belt and Road amounted to 24.2 billion U.S. dollars, accounting for 54 percent of the total in the same period, and representing a year-on-year increase of 27.7 percent.

Editor: 曹家宁
Today’s Recommendations

B&R pushes Chinese, global firms to team up

The Belt and Road Initiative has already produced several tangible results, which will continue to boost revenue growth of both Chinese and foreign companies, while improving their ability to execute big-ticket projects.【detailed】

European experts positive on B&R development potential

During the 12th Lennart Meri Conference on foreign and security policy, China's Belt and Road Initiative and its Arctic policy were described by European experts as being helpful for global development.【detailed】