Belt and Road Initiative sparks big surge in FDI

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Belt and Road Initiative sparks big surge in FDI

2015-10-09

Source: China Daily    Published: 2015-10-9

 

Foreign direct investment in China`s agriculture and forestry sectors by investors from countries along the Belt and Road Initiative surged 2,171 percent and 1,137 percent year-on-year, respectively, in August, the Ministry of Commerce said on Thursday.


FDI from the nations and regions into China`s animal husbandry and fishery industries also rose 127 percent and 103 percent, respectively, officials said, indicating China`s huge demand for products such as grain, vegetables, high-protein food and aquatic products remains attractive to international investors.


The initiative, proposed by China in 2013, is a trade and infrastructure network that includes the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

Key Words: Belt and Road; FDI