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China's foreign direct investment climbed 6.4 percent year-on-year to 305.24 billion yuan (.38 billion) in the first four months. [Photo/VCG]
China's outbound direct investment in economies involved in the BRI rose 12 percent year-on-year to .6 billion between January and August this year, according to data from the Beijing-based China Council for the Promotion of International Trade. These countries accounted for 12 percent of China's ODI in 2017.
China's offer of 60 billion yuan (.7 billion) in financial assistance through free aid and loans without interest will help participants of the Belt and Road Initiative meet their target for sustainable development, the Ministry of Commerce said on Monday.
China's mobile payment operators are entering the public transportation sphere with ambitious promotions for their new e-products that promise to change commuters' age-old ways of paying for their city rides, experts said.
China's fixed-asset investment in transport infrastructure climbed 9.4 percent in the first seven months of this year to nearly 1.8 trillion yuan (0 billion), helping mitigate the economic impact of the COVID-19 pandemic, according to the country's transport authority.