The Poster News APP:

How did China's imports and exports with Belt and Road partner countries perform in the first quarter? What new measures does the GACC have to promote the BRI? Thank you.

Lyu Daliang:

Thank you for your questions. In the first quarter, China's imports and exports with countries participating in the BRI reached 5.26 trillion yuan, up 2.2% year on year, hitting an all-time high for the same period. After surpassing 50% of China's total foreign trade for the first time last year, this share continued to rise in the first quarter of this year, reaching 51.1%.

A series of landmark projects and "small but beautiful" projects that are practical and benefit people's livelihoods have taken root in Belt and Road partner countries, stimulating trade in related products. China has also deepened industrial cooperation with participating countries. In the first quarter, intermediate goods accounted for 65.1% of imports and exports between China and participating countries. China has continued to expand agricultural cooperation with participating countries. In the first quarter, China's export of pesticide formulations to these nations increased by 15.5%, while agricultural machinery exports rose 37.2%. Imports of poultry meat from these countries grew 32.9%, and imports of dried and fresh fruits increased by 8.5%. China is actively pursuing practical cooperation with Belt and Road countries in sectors affecting daily life. In the first quarter, Chinese exports of pharmaceuticals and drugs to these countries increased 14.6%, while exports of medical services and equipment rose 5.1%. China continues supporting participating countries in improving their transportation and energy infrastructure. In the first quarter, Chinese exports of rail transportation equipment to these nations increased 10.7%, electric motors and generators rose 17.4%, and wind power generators jumped 67.4%.

Currently, the BRI is the most extensive and largest international cooperation platform in the world. Participating countries account for more than 40% of global GDP and over 50% of global exports, with growing influence and representation in global governance. The BRI, as a path toward prosperity, openness and innovation, has effectively unleashed development potential across participating countries, bringing tangible benefits to their economies and improving people's lives.

This year, the GACC will continue to be guided by the eight major steps of high-quality Belt and Road cooperation, focusing on participating countries, actively promoting the "Smart Customs" partnership program, and deepening institutional cooperation with partner countries on customs inspection and quarantine. We will continue to strongly support the development of projects such as the China-Europe Railway Express, the New International Land-Sea Trade Corridor, and the Maritime Silk Road, continuously advancing customs clearance facilitation and security, and promoting the deepening and solidification of high-quality BRI cooperation. Thank you.