Off the wire
• 800-year-old manuscript of popular Chinese love story to be exhibited  • 3 leftwing rebels killed by police in India  • Turkey's ruling party sets to replace prime minister on May 22  • Israel says finds cross-border Hamas tunnel  • Sichuan's Tibetan areas receive environmental protection funding  • Indian stocks close higher  • British voters head to polls for local, mayoral elections  • Major news items of leading Kenyan media outlets  • Weather forecast for world cities -- May 5  • Weather forecast for major Chinese cities, regions -- May 5  
You are here: 　 Home

China to boost cooperation with South Asia: MOC

Xinhua, May 5, 2016 Adjust font size:

China's cooperation with South Asian countries will be very broad thanks to growing shared interests and market demand, said an official on Thursday.

A round of key projects has been launched following the China-proposed Belt and Road Initiative to promote economic growth of the countries and boost regional cooperation, Vice Minister of the Ministry of Commerce Gao Yan said.

By the end of 2015, China's direct investment in South Asian countries stood at 12.29 billion U.S. dollars, and South Asia's investment in China totaled 890 million U.S. dollars, she said.

Last year, trade grew 4.9 percent from the previous year to 111.22 billion U.S. between China and eight members under the South Asia Association for Regional Cooperation initiative, including Nepal, India, Bangladesh, Bhutan, Pakistan, Sri Lanka, Maldives and Afghanistan, according to Gao.

She made the remarks at a press conference on the 4th China-South Asia Expo and the 24th China Kunming Import and Export Fair, which will be held in Kunming, Yunnan Province from June 12 to 17. Endi