China has become a major trading partner for more than 140 countries and regions. This was stated by Chinese President Xi Jinping, speaking at the opening of the III International Forum “One Belt – One Road”.
“China has become a major trading partner for more than 140 countries and regions, and is also becoming a major source of investment for more and more countries,” he said.
Xi Jinping noted that in the next five years, from 2024 to 2028, the volume of merchandise exports and imports will exceed $32 trillion, and trade in services will exceed $5 trillion. According to information from the State Bureau of Statistics of China, in the third quarter of 2023, China’s GDP grew by 5.2% in annual terms, to $12.5 trillion.
October 13, General Customs Administration of the People’s Republic of China published statistics according to which, based on the results of nine months of 2023, the total volume of trade between Russia and China increased by 29.5% compared to the same period last year and amounted to $176.4 billion. In September alone, the volume of exports and imports amounted to $21.177 billion.
The III International Forum “One Belt – One Road” is taking place in Beijing on October 17-18. Russian President Vladimir Putin arrived in Beijing for a two-day visit early on the morning of October 17. In addition to participating in the forum and negotiations with President Xi Jinping, the Russian President has already held bilateral meetings with the President of Vietnam, the Prime Minister of Thailand, the President of Mongolia, the President of Laos and acting. Prime Minister of Pakistan. In addition, Putin Meets with Hungarian Prime Minister Viktor Orban. The theme of the current forum will be “High-quality cooperation within the framework of the One Belt, One Road”.