B&R industrial parks yield remarkable achievements: report

Construction of overseas industrial parks creates strong momentum for cooperation under the Belt Road Initiative, said a report by the CHINA Economic Information Service.

Chinese enterprises have participated in building economic and trade cooperation zones in the countries along the Belt and Road (BR), it said.

The report mentioned the CHINA-Belarus Industrial Park, CHINA-Malaysia "Two Double-Park" and CHINA-Egypt Suez Economic and Trade cooperation Zone as role models in cooperation between CHINA and other BR countries.

Chinese enterprises invested 15.64 billion U.S. dollars in non-financial sectors in BR countries in 2018, up 8.9 percent year on year, accounting for 13 percent of the year's total non-financial direct investment.

Construction of overseas industrial parks is market-oriented and meets development needs and markets demands, the report added.

CHINA has built a series of overseas agricultural cooperation zones in Central Asia, South Asia and Africa to help local farmers with their production activities, it added.