China’s Belt and Road cooperation has gotten off to a good start in the first quarter of this year, featuring high-quality development, enrichment of cooperation, drastic rise in investment, and enhancement of green stewardship, said a senior official of the Ministry of Commerce (MOFCOM) at a press briefing in Beijing on Friday.
Yang Tao, director general of the Comprehensive Department of the MOFCOM, told the media that the country’s high-quality Belt and Road cooperation has made new achievements in the first quarter of this year in four aspects.
“In the first quarter, China’s total import and export of goods with countries participating in the Belt and Road Initiative (BRI) exceeded 4.8 trillion yuan, up 5.5 percent, 0.5 percentage points higher than the overall growth rate of foreign trade, and accounting for 47.4 percent of the total import and export value. In terms of exports, we exported high-tech products such as electronic information, instrumentation, and equipment manufacturing that are closely related to enterprise production, as well as consumer goods such as household appliances and clothing that meet the needs of people’s livelihood. In terms of imports, we actively share the opportunities brought by China’s big market with participating countries. The imported energy and mineral products, integrated circuits, auto parts and other industrial products from participating countries in the first quarter constantly grew,” he said.
https://www.bastillepost.com/global/article/3763360-china-achieves-good-start-in-high-quality-bri-cooperation-in-q1-official