Trade volume between China and countries along the Belt and Road (B&R) Initiative totaled $1.3 trillion last year, the Ministry of Commerce (MOFCOM) said Thursday.
A cargo ship unloads goods at a container terminal of Lianyungang Port, Jiangsu province. (Photo: IC)
This marked a year-on-year growth of 16.3 percent, 3.7 percentage points higher than China's trade growth in 2018.
China exported goods worth $704.73 billion to B&R countries last year, up 10.9 percent year on year, while importing goods from them worth $563.07 billion, rising 23.9 percent year on year.
Chinese firms invested $15.64 billion in non-financial sectors in B&R countries last year, up 8.9 percent year on year, while receiving investment from them totalling $6.08 billion, up 11.9 percent.
China will further open up the market to share more opportunities with B&R countries and promote mutual opening-up among them, said MOC spokesperson Gao Feng.
China will also promote free and facilitation of trade and investment in the region and invite more B&R firms to attend the second China International Import Expo this year, Gao added.