Ministry of Commerce: China's foreign contracted projects in 2022
- In 2022, the foreign non-financial direct investment will be 785.94 billion yuan
- Investment in countries along the Belt and Road increased by 7.7%, accounting for 17.9%
China's infrastructure is world-renowned, and the pace of foreign non-financial direct investment is also accelerating. Recently, the State Council Information Office held a press conference. At the meeting, Vice Minister of Commerce Guo Tingting introduced that in 2022, foreign non-financial direct investment will be 785.94 billion yuan, an increase of 7.2%.
Among them, investment in countries along the Belt and Road increased by 7.7%, accounting for 17.9%. In terms of industry, investment in the manufacturing sector increased by 22.4%, accounting for 18.5%; investment in the wholesale and retail industry, and construction industry increased by 24.6% and 19.8% respectively; investment and cooperation in green, digital and other fields have become new growth points. Foreign contracted projects developed steadily, with a turnover of 1.0 trillion yuan, an increase of 4.3%, and 59 new projects with a contract value of more than 50 million US dollars compared with 2021.
In 2022, the economic and trade cooperation along the Belt and Road will take a new step. According to Yang Tao, director of the Comprehensive Department of the Ministry of Commerce, the value of newly signed contracts for contracted projects in countries along the Belt and Road for the year was 871.84 billion yuan, and the completed turnover was 571.31 billion yuan, accounting for 51.2% and 54.8% of the total contracted projects respectively. The construction and operation of key projects such as the China-Laos Railway and the Hungary-Serbia Railway have progressed steadily, and a number of "small and beautiful" livelihood projects such as agriculture, medical care, and poverty reduction have been implemented one after another. Overseas economic and trade cooperation zones have been upgraded. By the end of 2022, Chinese companies have invested a total of 397.9 billion yuan in cooperation zones in countries along the route, creating 421,000 local jobs. Keywords: infrastructure, infrastructure construction, planning investment
In 2022, the scale of trade between China and countries along the Belt and Road will hit a new high, with the volume of trade in goods reaching 13.8 trillion yuan, a year-on-year increase of 19.4%, which is 11.7 percentage points higher than the overall growth rate of foreign trade. Two-way investment between China and countries along the route has also reached a new level, covering multiple industries. Among them, countries along the route have actually invested 89.15 billion yuan in China, a year-on-year increase of 17.2%. Editor/Xu Shengpeng