Back
B&R
B&R News: B&R industrial parks yield remarkable achievements: report
18 Mar 2019

 

Construction of overseas industrial parks creates strong momentum for cooperation under the Belt & Road Initiative, a report has said.

 

Chinese enterprises have participated in building economic and trade cooperation zones in the countries along the Belt and Road (B&R), according to a report by the China Economic Information Service.

 

The report mentioned the China-Belarus Industrial Park, China-Malaysia "Two Double-Park" and China-Egypt Suez Economic and Trade Cooperation Zone as role models in cooperation between China and other B&R countries.

 

Chinese enterprises invested 15.64 billion U.S. dollars in non-financial sectors in B&R countries in 2018, up 8.9 percent year on year, accounting for 13 percent of the year's total non-financial direct investment.

 

Construction of overseas industrial parks is market-oriented and meets development needs and markets demands, the report said.

 

China has built a series of overseas agricultural cooperation zones in Central Asia, South Asia and Africa to help local farmers with their production activities, it added.

 
Source: Xinhua News Agency