BEIJING, July 18 (Xinhua) -- Chinese companies increased investment in 55 countries along the Belt and Road routes in the first half year, with a total of 7.4 billion U.S.dollars, up 12 percent year on year.
The contract value of newly-signed contracted engineering projects in the countries along the route was 47.79 billion U.S. dollars, accounting for 44.8 percent of the total. The completed turnover was 38.95 billion U.S. dollars, accounting for 53.5 percent of the total.
Han Yong, commercial counselor of the Department of Outward Investment and Economic Cooperation of the Ministry of Commerce said that the steady progress of investment cooperation in countries along the route is the highlight of foreign investment in the first half year.
According to statistics released by the Ministry of Commerce, in the first half year, Chinese domestic investors conducted non-financial direct investment in 3,617 overseas enterprises in 151 countries and regions, with an accumulated investment of 57.18 billion U.S. dollars, an increase of 18.7 percent year on year. (Edited by Ma Xin, maxin11@xinhua.org)
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