B&R industrial parks yield remarkable achievements: report

BEIJING, March 17 (Xinhua) -- Construction of overseas industrial parks creates strong momentum for cooperation under the Belt Road Initiative, a report has said.

Chinese enterprises have participated in building economic and trade cooperation zones in the countries along the Belt and Road (BR), according to a report by the CHINA Economic Information Service.

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 said.

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.