403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Chinese firms get more profit from projects along Belt and Road
(MENAFN) The combined revenue of Chinese companies from contracted engineering projects in countries along the Belt and Road (B&R) increased 17.8 percent in the first half of the year.
In the first half, Chinese companies saw total revenue of USD38.95 billion from contracted engineering projects along the B&R, accounting for 53.5 percent of the country's total.
Chinese firms signed 1,922 new engineering contracts in 61 B&R countries, with a total contract value of USD47.79 billion.
According to the Ministry of Commerce, direct investment in countries along the B&R by Chinese firms dropped 15 percent to USD7.68 billion in the same period.
In the first half, Chinese companies saw total revenue of USD38.95 billion from contracted engineering projects along the B&R, accounting for 53.5 percent of the country's total.
Chinese firms signed 1,922 new engineering contracts in 61 B&R countries, with a total contract value of USD47.79 billion.
According to the Ministry of Commerce, direct investment in countries along the B&R by Chinese firms dropped 15 percent to USD7.68 billion in the same period.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment