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Belt and Road Initiative

time:2023-12-01  Author: Chloe Number of visits:146

This year marks the 10th anniversary of the Belt and Road Initiative. Over the past decade, the trade volume between China and BRI countries has grown steadily. 

Data reveals from 2013 to 2022, the total import and export value between China and BRI countries soared from 6.5 trillion yuan to 13.83 trillion yuan, with an average annual growth rate of 8.6 percent. Its proportion in China's total import and export value rose from 25 percent to 32.9 percent. 

The substantial growth in trade between China and BRI countries vividly illustrates how the Belt and Road Initiative propels unimpeded trade worldwide. Lykwell, as one of the traders,has had the benefit of such growth thanks to such Initiative.

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