China advancing the building of quality projects overseas

In the first eight months of this year, Chinese businesses inked new energy-saving and environmental protection projects in Belt and Road countries, with a contract value of US$16bil, a year-on-year increase of 22.2%, Guo, the vice-minister of commerce, said. — Xinhua

SHANGHAI: China will further advance the construction of high-quality overseas projects and expand the network of free trade zones, as part of its efforts to increase the scale and enhance the quality of economic cooperation with countries involved in the Belt and Road Initiative (BRI), a senior official says.

Following the approach of consultation and collaboration for shared benefits, China’s practical cooperation in economy and trade with Belt and Road countries has grown in scope and quality over the past decade and achieved win-win results, said Guo Tingting, vice-minister of commerce.