B&R industrial parks yield remarkable achievements: report

Source: Xinhua| 2019-03-17 19:58:07|Editor: ZX
Video PlayerClose

BEIJING, March 17 (Xinhua) -- Construction of overseas industrial parks creates strong momentum for cooperation under the Belt & Road Initiative, a report has said.

Chinese enterprises have participated in building economic and trade cooperation zones in the countries along the Belt and Road (B&R), according to a report by the China Economic Information Service.

The report mentioned the China-Belarus Industrial Park, China-Malaysia "Two Double-Park" and China-Egypt Suez Economic and Trade Cooperation Zone as role models in cooperation between China and other B&R countries.

Chinese enterprises invested 15.64 billion U.S. dollars in non-financial sectors in B&R countries in 2018, up 8.9 percent year on year, accounting for 13 percent of the year's total non-financial direct investment.

Construction of overseas industrial parks is market-oriented and meets development needs and markets demands, the report said.

China has built a series of overseas agricultural cooperation zones in Central Asia, South Asia and Africa to help local farmers with their production activities, it added.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001379024141