综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Facts confirm success of Belt and Road Initiative

By Jing Shuiyu | China Daily | Updated: 2017-04-12 06:58

Facts confirm success of Belt and Road Initiative

Tourists ride camels on the Mingsha Sand Dunes during a visit to Crescent Moon Spring on the outskirts of Dunhuang county of Northwest China's Gansu province. [Photo/China Daily]

The hard facts attest to China's Belt and Road Initiative resulting in better-than-expected achievements in the past three years, said Shen Danyang, Ministry of Commerce spokesman.

Since 2013 when President Xi Jinping first proposed the initiative, trade volume between China and economies along the trading routes amounted to $3 trillion, total investment reached $50 billion, and newly signed contracts exceeded $304.9 billion, Shen said.

China has signed approximately 50 government-level cooperation agreements with these economies and established 56 economic and trade cooperation zones, Shen added.

Shen made the remarks at a news conference on Monday when the Beijing-based China Bond Rating Co Ltd and the Chinese Academy of Social Sciences released a blue book of outbound investment and risks, with this year's emphasis on summarizing overseas investment along the Belt and Road countries and regions.

According to the annual report, China's outbound investment in those regions is expected to maintain rapid growth this year, with capital primarily flowing into sectors that meet the destinations' socioeconomic development demand.

Findings show that since 2015, energy, transportation and information technology are the top three fields attracting Chinese investors, the majority of whom come from Beijing, Shanghai, Guangdong and Zhejiang provinces.

The report shows the top three destinations receiving most investment are Southeast Asia, the Middle East and South Asia. Of the two commonly used modes, average investment scales of projects by mergers and acquisitions turn out bigger than those through greenfield investment.

Greenfield investment refers to a form of foreign direct investment where a parent company builds its operations in a foreign country from the ground up.

However, when seeking cross-border investment opportunities, Chinese companies are exposed to greater unexpected legal and cultural obstacles, the report said.

Risks in host countries, such as changing local policies and fluctuations in exchange rates, play decisive roles in investors' sustainable development and profitability, Feng Guanghua, chairman of the China Bond Rating Co Ltd, said at the news conference.

Despite the odds, homegrown companies will fulfill the goal of investing abroad by thorough preliminary investigation and prudent risk management, Shen said.

"Chinese companies need to join forces in overseas expansion, and beef up their respective advantages. They should keep away from vicious competition," he added, referring specially to a previous irrational investment frenzy.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
凌源市| 苏尼特左旗| 潼关县| 博客| 英超| 图片| 汶川县| 镇江市| 涞水县| 云阳县| 繁昌县| 鹤峰县| 商洛市| 离岛区| 怀安县| 沂南县| 邵武市| 惠安县| 湖州市| 赞皇县| 丹寨县| 茂名市| 扬中市| 祥云县| 兴国县| 宁南县| 井冈山市| 图片| 鸡东县| 五河县| 姜堰市| 嘉义市| 塔河县| 云南省| 出国| 玉门市| 万载县| 香格里拉县| 囊谦县| 嵊泗县| 武城县|