Countries along the Belt and Road founded 1,752 enterprises in China in the first ten months of 2015, up 18 percent on year, and the related investment totaled 6.49 billion US dollars, up 14 percent on year, according to Shen Danyang, spokesperson of China's Ministry of Commerce (MOC).
Among them, Saudi Arabia, Malaysia and Singapore invested 277 million US dollars, 385 million US dollars and 5.3 billion US dollars respectively, up 805.8 percent, 202.8 percent and 7.9 percent year on year. Meanwhile, Chinese enterprises invested 13.17 billion US dollars in 49 countries along the Belt and Road in January-October, up 36.7 percent on year, accounting for 13.5 percent of China's total non-financial outbound investment in the period.
According to Shen, 2,677 new contracting projects in Belt and Road countries were awarded to Chinese enterprises in the first ten months of 2015, and their contractual value reached 64.55 billion US dollars, accounting for 43.3 percent of the country's total overseas contracting. The total value of bilateral trade between China and countries along the Belt and Road amounted to 820.39 billion US dollars during January to October, down 11 percent on year, accounting for 25.4 percent of China's total trade.
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