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In the first three quarters, the import and export of China with BRI partner countries amounted to 14.32 trillion yuan, up 3.1% year-on-year, accounting for 46.5% of the total import and export. What measures will be taken in the next step to further promote economic and trade cooperation with the BRI partner countries?(2023-10-26)

Last week, the Third Belt and Road Forum for International Cooperation (BRF) was successfully held. President Xi Jinping announced eight major steps China will take to support the joint pursuit of high-quality Belt and Road cooperation, setting a new direction, opening new vistas and generating new momentum for the development of BRI. Guided by the guiding principles of President Xi Jinping's keynote speech, the Ministry of Commerce will work with all to substantiate BRI economic and trade cooperation and jointly build an open world economy, with a focus on the following four areas.

First, building a platform for economic and trade cooperation. We will work with the relevant partners to establish pilot zones for Silk Road e-commerce cooperation, hold the 6th China International Import Expo, the 2nd Global Digital Trade Expo and other important exhibitions, build a platform for economic and trade cooperation between BRI countries and share market opportunities in China. Second, further promoting high-standard opening up. China will remove all restrictions on foreign investment access in the manufacturing sector. In light of international high-standard economic and trade rules, China will build pilot free trade zones with higher-standards, accelerate the development of Hainan Free Trade Port, and enter into free trade agreements and investment protection treaties with more BRI countries. Third, creating more pragmatic cooperation projects. China will guide enterprises in coordinating landmark projects and "small and beautiful" livelihood projects, and facilitate economic development and improve people's livelihood in BRI partner countries. China will promote high-quality development of the China-Europe Railway Express, accelerate the development of the New International Land-Sea Trade Corridor, and build a multidimensional Belt and Road connectivity network. Fourth, expanding cooperation in emerging areas. China will broaden investment and industrial cooperation, and encourage enterprises to cooperate in the fields of green infrastructure, green energy and green transportation. China will actively enter into and implement investment cooperation agreements with BRI countries on green and digital economy. Thank you.