This growth amounts to approximately $13.69bln, constituting nearly one-fifth of the overall investment during the same period.

BEIJING, 18th August, 2023 (WAM) -- Between January and July 2023, Chinese enterprises made non-financial direct investments totaling RMB95.34 billion in Belt and Road countries, demonstrating a robust surge of 23.2% compared to the previous year. This growth amounts to approximately US$13.69 billion (a year-on-year increase of 15.3%), constituting nearly one-fifth of the overall investment during the same period. These findings were disclosed by Shu Juetin, spokesperson for the Ministry of Commerce, during the routine press conference held on August 17th, as reported by China Economic Net. The People's Republic of China has successfully maintained a consistent upward trajectory in non-financial foreign investments; the growth rate of China's direct investment in countries along the Belt and Road Initiative significantly surpasses the average level.