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China's economic and trade ties with countries that are part of the Belt and Road initiative have significantly strengthened over the past decade, according to Sheng Qiuping,...
In line with the steady expansion of China's foreign trade volume during the past decade, the country has also seen an improving trade structure.China signed new contracts worth about 1.08 trillion dollars with countries along the Belt and Road in the period for engineering projects in transportation, electricity, and other areas, he said.
China Focus: Highlights of China's foreign trade development in past decade-
The total imports and exports of goods have climbed from 24.4 trillion yuan (about $3.6 trillion) in 2012 to 39.1 trillion yuan in 2021.
China has seen notable expansion in foreign trade during the past decade amid the country's efforts to build an open economy, an official said Friday.