BEIJING, July 14 (Xinhua) -- China Economic Information Service (CEIS) has released a report on economic and trade cooperation under the Belt and Road Initiative (BRI) from 2013 to 2022 which is now available in Xinhua Silk Road Database (https://en.imsilkroad.com/login).
CEIS is the main body responsible for the integrated management and operation of economic information business of Xinhua News Agency, and the report is compiled by the team of Xinhua Silk Road under CEIS. Xinhua Silk Road is an information service platform and has been serving global participants of the Belt and Road Initiative through full-dimensional and one-stop news coverage, information products, consulting as well as think tank services since its launch in 2015.
The report systematically presents the trade and economic cooperation between China and the Belt and Road countries since the proposal of the Belt and Road Initiative, as well as the fruitful results achieved with detailed data, involving trade in goods, trade in services, foreign direct investment, overseas cooperation parks, etc. It also offers some insights on the prospects of the trade and economic cooperation under the BRI.
According to the report, from 2013 to 2022, China's trade in goods with the Belt and Road countries increased from 1.04 trillion U.S. dollars to 2.07 trillion U.S. dollars, with the cumulative trade value over the past 10 years hitting 13 trillion U.S. dollars, registering an average annual growth rate of 7.1 percent, with the share in China's total trade in goods up from 25 percent to 32.8 percent.
China and the Belt and Road countries have jointly seized the opportunities of digital and intelligent development, and actively promoted the development of new forms of business and models represented by big data and cross-border e-commerce, says the report, noting that from 2016 to 2022, the cross-border e-commerce transaction scale between China and the Belt and Road countries has increased by more than 127 times, with that of imports by more than 10 times and that of exports by more than 140 times.
It also notes that according to the fDi Markets database, from 2013 to 2022, China's total direct investment in the Belt and Road countries reached 317.44 billion U.S. dollars, with the total number of investment projects registering 1,867, and that over the past 10 years, China's direct investment has created 746,000 jobs in the Belt and Road countries.
As for overseas parks, it says that by the end of 2022, Chinese enterprises have invested a total of 397.9 billion yuan in cooperation zones built in the Belt and Road countries and regions, creating 421,000 jobs locally, and among the major overseas parks built by Chinese enterprises, the China-Belarus Great Stone Industrial Park, the Thai-Chinese Rayong Industrial Estate, the PT Indonesian Morowali Industrial Park, the Sihanoukville Special Economic Zone in Cambodia, the China-Egypt TEDA Suez Economic and Trade Cooperation Zone, and the China-Ethiopia Eastern Industry Zone have developed rapidly with their own advantages.
Looking ahead, China, together with the Belt and Road countries, will continue to deepen the level of interconnection in various fields and promote innovation cooperation in all aspects, jointly promoting high-quality development of the Belt and Road, points out the report.
Click https://en.imsilkroad.com/login to register an account and log on Xinhua Silk Road Database, then you can get the full report in our "Reports-Special Reports" section (see specific purchase process as below). From now until July 31, you can get the full report with only 19.9 U.S. dollars, and the price will return to 100 U.S. dollars from August 1.
You can also fill out the subscription form in the attachment to buy the report.
(Edited by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)
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