The State Council Information Office held a press conference to review and look forward to the progress of economic and trade cooperation between China and the co building countries. Vice Minister of Commerce Yan Dong introduced at the meeting that by 2025, the trade volume of goods between China and co built countries will steadily increase, and the quality of economic and trade cooperation will continue to improve, demonstrating strong development resilience and laying a solid foundation for future in-depth cooperation.

Structural optimization and business innovation

In 2025, the trade volume of goods between China and other co built countries will reach 23.6 trillion yuan, a year-on-year increase of 6.3%, which is 2.5 percentage points higher than the overall trade growth rate. It will account for more than 50% of China's total foreign trade for the first time, reaching 51.9%. The trade structure continues to optimize, with significant growth in exports of electronic components, mechanical equipment, and other products to the co building countries. At the same time, China's imports of computers and components from the co building countries are also showing a good growth trend, effectively helping the co building countries improve their industrial development level. In terms of trade formats, the Silk Road E-commerce Global Theme Event has attracted more than 100 countries to participate, achieving over 240 cooperative results and promoting the entry of high-quality products from more co built countries into the Chinese market.

Two way interaction and domain expansion

Bilateral investment maintains an active trend. By 2025, China's non-financial direct investment in jointly building countries will reach 283.36 billion yuan, a year-on-year increase of 18%; The direct investment of jointly built countries in China reached 116.81 billion yuan, an increase of 1.9%. The scope of cooperation continues to expand, with China signing 18 new cooperation documents with co building countries in areas such as supply chain cooperation, digital economy, and green minerals. The construction of cooperation platforms such as the China Malaysia and China Indonesia dual parks is also steadily advancing.

Engineering Contracting and Livelihood Assistance

The project construction has achieved significant results. In 2025, China will achieve a turnover of 1.1 trillion yuan in jointly building national contracted projects, a year-on-year increase of 9.6%. The China Europe freight train operates over 20000 trains throughout the year, and significant progress has been made in major infrastructure projects such as the China Kyrgyzstan Uzbekistan Railway and the Hungary Serbia Railway. In addition, China has jointly organized and implemented over 700 aid projects, including landmark projects and small and beautiful livelihood projects, to effectively help improve local infrastructure and production and living conditions. Keywords: New News Video, New News Video News

The Ministry of Commerce stated that the next step will continue to deepen economic and trade cooperation with co building countries from four aspects: improving the quality and efficiency of trade facilitation, optimizing two-way investment space, expanding emerging areas of cooperation, and creating high-quality cooperation projects, in order to promote the construction of a closer partnership network.Editor/Gao Xue