China's economy harvests prosperity in golden autumn

By Ma Qing | chinadaily.com.cn | Updated: 2023-10-19 06:40
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This photo taken on May 23, 2023 shows containers to be transported near the Nairobi Station of the Mombasa-Nairobi Railway in Nairobi, Kenya. [Photo/Xinhua]

Since the Belt and Road Initiative was proposed in 2013, economic cooperation between China and participating countries has borne fruit.

From 2013 to 2022, the cumulative value of imports and exports between China and BRI partner countries reached $19.1 trillion, with an average annual growth rate of 6.4 percent.

In 2022, the value of imports and exports between China and partner countries reached nearly $2.9 trillion, accounting for 45.4 percent of China's total foreign trade over the same period, representing an increase of 6.2 percentage points compared with 2013.

The cumulative two-way investment between China and partner countries reached $380 billion, including $240 billion from China, which has injected imputes into the global trade and investment.

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