Rapid Increase in Trade Between China and Belt and Road Countries

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General Administration of Customs of China SözcüIn the first quarter of this year, trade between China and the Belt and Road route countries increased by 16,7 percent, reaching US$ 460 billion, said Li Kuiwen.

China’s exports to these countries grew by 16,2 percent and imports from these countries by 17,4 percent.

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Trade between China and the Belt and Road countries has a larger share in China’s foreign trade every year.

The trade volume between China and the said countries constituted 31,1 percent of China’s total foreign trade, increasing by 1,4 points compared to the same period of the previous year. Particularly, there is a rapid increase in the imports of energy and agricultural products.

Source: raillynews.com