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Local

Fujian invests 256 projects to the countries along the B&R in 5 yrs

August 28, 2018


Abstract : Southeast China’s Fujian province has registered a total of 2,533 outbound direct investment enterprises and overseas branches in recent five years, with the contracted investment of 26.6 billion U.S. dollars.

厦门

BEIJING, Aug. 27 (Xinhua) -- Southeast China’s Fujian province has registered a total of 2,533 outbound direct investment enterprises and overseas branches in recent five years, with the contracted investment of 26.6 billion U.S. dollars.

Of the total contracted investment, 6.15 billion U.S. dollars were injected into 256 projects in the countries along the Belt and Road during the period.

In the first half year, the province saw its foreign trade with the Belt and Road countries reach 195.37 billion yuan, an increase of 15.9 percent over the same period of last year, accounting for 32.6 percent of its total foreign trade. Exports to Belt and Road countries have become the main driving force of Fujian's foreign trade.

Fujian province made a breakthrough in connectivity with countries and regions along the Belt and Road in recent five years. Xiamen has launched 329 China-Europe cargo trains, carrying a total of 22,824 TEUs since August 2015.

Since the country had proposed the Belt and Road Initiative, Fujian province, as a core area in the construction of the 21st Century Maritime Silk Road, has made full use of its advantage in history, location, ports and humanities to promote exchanges and cooperation with countries and regions along the Maritime Silk Road. (Edited by Bao Nuomin, Ma Xin, maxin11@xinhua.org)

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Keyword: Fujian China-Outbound-Investment

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