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China Continues Active Investment in “Belt and Road” Countries

On November 15, the spokesman for the Chinese Ministry of Commerce said at a press briefing that China is continuing active investment cooperation with the countries along the “Belt and Road.” In the first ten months of this year, China made new additional investments in 55 countries along the “Belt and Road,” totaling US$11.9 billion, or a 6.4 percent growth on a year-over-year basis. The total contractual value of newly signed projects in the countries along the “Belt and Road” was US$80.91 billion, accounting for 48.1 percent of the total in the same period; the accomplished turnover of the new projects was US$65.33 billion, or 53.7 percent of the total.

In the first ten months of the year, Chinese investors conducted non-financial direct investment of US$89.57 billion in 4,905 overseas enterprises in 155 countries and regions, registering a year-on-year increase of 3.8 percent.

Source: Chinese Ministry of Commerce, November 15, 2018