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World's 137 countries join Belt and Road initiative
November 18, 2019
BEIJING, Nov 18 (INP): China has signed 197 Belt and Road (B&R) cooperation documents with 137 countries and 30 international organizations by the end of October.
Apart from developing and developed economies, a number of companies and financial institutions from developed countries have collaborated with China to expand the third-party market as well, Meng Wei, said a spokesperson for the National Development and Reform Commission (NDRC).
From January to September, China's trade with B&R countries totaled about 950 billion U.S. dollars, and its non-financial direct investment in these countries topped 10 billion dollars, Meng said.
She noted that China has made bilateral currency swap arrangements with 20 B&R countries and established RMB clearing arrangements with seven countries.
In addition, the country has also made achievements with B&R countries in other sectors including technology exchange, education cooperation, culture and tourism, green development and foreign aid.
INP/J/AJ
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