The Belt and Road Initiative (BRI) has boosted China’s development and benefited the rest of the world, bringing tangible benefits to participating countries, according to a white paper released on Tuesday.
From 2013 to 2022, the cumulative value of imports and exports between China and BRI countries reached $19.1 trillion with an annual growth rate of 6.4%.
The cumulative two-way investment between China and partner countries reached $380m, including $240bn from China between 2013 to 2022.
By the end of June 2023, the Silk Road Maritime network had reached 117 ports in 43 countries, and more than 300 well-known Chinese and international shipping companies, port enterprises and think tanks, among other bodies have joined the Silk Road Maritime Association.
By June 2023, China had signed more than 200 BRI cooperation agreements with more than 150 countries and 30 international organizations across five continents.
China has signed bilateral air transport agreements with 104 BRI partner countries and opened direct flights with 57 partner countries to facilitate cross-border transport.
By the end of June 2023, China had signed agreements with 45 participating countries on the mutual recognition of higher education degrees.
By the end of June 2023, China had signed cultural and tourism cooperation documents with 144 BRI partner countries.
