On May 20, Sheng Qiuping, Vice Minister of Commerce, introduced at a series of press conferences on the theme of "This Decade of China" held by the Propaganda Department of the Central Committee of the Communist Party of China. "Meticulous painting", its influence and appeal have continued to expand, and it has become a popular international public product and international cooperation platform in today's world.

Sheng Qiuping said that over the past eight years, the Ministry of Commerce, together with relevant parties, has adhered to the principle of extensive consultation, joint contribution and shared benefits, continued to deepen the economic and trade cooperation of the Belt and Road Initiative, and achieved solid and substantial results. Specifically, the joint construction of the Belt and Road has achieved fruitful results in four aspects: deepening the smooth flow of trade, strengthening investment cooperation, promoting project construction, and improving the mechanism and platform, which not only effectively promotes the mutual benefit and win-win situation of the joint construction of the country, but also effectively improves the well-being of the peoples of all countries.

In terms of unimpeded trade, the market position of the Belt and Road has been significantly improved. Data show that from 2013 to 2021, the annual trade volume between China and countries along the route will expand from US$1.04 trillion to US$1.8 trillion, an increase of 73%. Not only has the scale expanded rapidly, but the quality has also accelerated: First, the rapid development of new trade formats, "Silk Road E-commerce" has become a new bright spot, the import and export of cross-border e-commerce has maintained rapid growth, and a number of overseas warehouses have been built and put into operation in countries along the route. Second, the construction of trade channels has been steadily advanced. The cumulative number of China-Europe freight trains has exceeded 50,000, reaching more than 180 cities in 23 European countries. Positive progress has been made in the construction of new land-sea corridors. The third is to accelerate the construction of a network of free trade zones radiating the Belt and Road. China has signed 7 free trade agreements with 13 countries along the route.

In terms of investment cooperation, the degree of integration of the industrial chain and supply chain has been significantly improved. Statistics show that from 2013 to 2021, China's direct investment in countries along the route totaled US$161.3 billion, and the countries along the route invested and established 32,000 enterprises in China, with an actual cumulative investment of US$71.2 billion. By the end of 2021, Chinese enterprises have invested a total of US$43.08 billion in overseas economic and trade cooperation parks built in countries along the route, creating 346,000 local jobs, playing a role as a carrier and platform, and promoting international capacity cooperation.

In terms of project construction, the level of connectivity has been significantly improved. From 2013 to 2021, the total value of new contracts signed by Chinese enterprises in the countries along the route is about 1.08 trillion US dollars, and the completed turnover is 728.6 billion US dollars, covering transportation, electricity and other fields. A number of major cooperation projects have been completed and implemented, the entire China-Laos railway line has been put into operation, the construction of the Hungary-Serbia railway is progressing in an orderly manner, and the port of Piraeus is operating well. A number of "small but beautiful" agricultural, medical and poverty reduction projects have been launched one after another, bringing a real sense of gain to the people of the countries along the route.

In terms of mechanisms and platforms, the efficiency of exchanges and cooperation has been significantly improved. Bilateral economic and trade mechanisms have been continuously improved, and more than 100 cooperation mechanisms for unimpeded trade, investment cooperation, service trade, and e-commerce have been established. The open platform represented by major exhibition forums has flourished, and 4 China International Import Expos have been successfully held. Exhibition Forum. Keywords: One Belt One Road, One Belt One Road News, One Belt One Road Project

"At present, although the global epidemic is still at a high level and the international situation continues to undergo complex changes, the joint construction of the Belt and Road continues to demonstrate strong resilience and vigorous vitality, injecting strong momentum into global openness and cooperation and the recovery of the world economy." Sheng Qiuping said, In the next step, the Ministry of Commerce will work with all parties to promote the Belt and Road economic and trade cooperation to deepen and solidify, promote the high-quality development of the Belt and Road Initiative to achieve new results, and make new contributions to the building of a community with a shared future for mankind.Editor/XuNing