{"id":23478,"date":"2023-11-22T11:23:00","date_gmt":"2023-11-22T11:23:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4275713_AE75713_0"},"modified":"2023-11-22T11:23:00","modified_gmt":"2023-11-22T11:23:00","slug":"bri-helps-xiamen-soar","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=23478","title":{"rendered":"BRI helps Xiamen soar"},"content":{"rendered":"\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">XIAMEN, China<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 22, 2023<\/span><\/span> \/PRNewswire\/ &#8212; <span id=\"spanHghltaf44\">A news report from<\/span> chinadaily.com.cn:<\/p>\n<p><span class=\"xn-location\">Xiamen<\/span> in <span class=\"xn-location\">Fujian<\/span> province, located at the starting point of the Maritime Silk Road, has been actively participating in the Belt and Road Initiative (BRI). The city, determined to become an important hub on the 21st Century Maritime Silk Road, is moving towards high-quality development.<\/p>\n<p>Over the past decade, the city has launched a variety of transport models, such as the China-Europe Railway Express and the Silk Road Maritime project, all of which have made <span class=\"xn-location\">Xiamen<\/span> a key transportation hub for land, sea, and air connections between <span class=\"xn-location\">China<\/span> and countries and regions involved in the BRI. Trade between <span class=\"xn-location\">Xiamen<\/span> and BRI countries has increased from <span class=\"xn-money\">$24.8 billion<\/span> to <span class=\"xn-money\">$50.9 billion<\/span> in the past decade, with an average annual growth rate of 8.3 percent.<\/p>\n<p>Total foreign trade between <span class=\"xn-location\">Xiamen<\/span> and BRI countries reached <span class=\"xn-money\">330.79 billion yuan<\/span> (<span class=\"xn-money\">$45.22 billion<\/span>) in 2022, a 12 percent increase compared to the previous year. In the first eight months of the year, <span class=\"xn-location\">Xiamen&#8217;s<\/span> trade with these countries and regions reached <span class=\"xn-money\">235.3 billion yuan<\/span>, a year-on-year growth of 13.3 percent. Exports amounted to <span class=\"xn-money\">92.79 billion yuan<\/span>, a 1.5 percent increase, and imports reached <span class=\"xn-money\">142.51 billion yuan<\/span>, growing by 22.5 percent.<\/p>\n<p>Local officials said that over the past decade, <span class=\"xn-location\">Xiamen<\/span> has focused on the advantageous industries of participating countries and regions and promoted investment in high-end commerce and trade, intelligent equipment, finance, and biomedicine. In the past 10 years, a total of 728 foreign-funded enterprises have been launched by BRI countries, bringing in a contractual foreign capital of <span class=\"xn-money\">$3.53 billion<\/span>.<\/p>\n<p>In 2018, <span class=\"xn-location\">Xiamen<\/span> launched the Silk Road Maritime project, a new logistics facilitation platform aiming to boost transportation between <span class=\"xn-location\">China<\/span> and countries along the Maritime Silk Road.<\/p>\n<p>Recently, 13 new members, including Ghana Ports and Abu Dhabi Ports Company in the <span class=\"xn-location\">United Arab Emirates<\/span>, have been awarded licenses in <span class=\"xn-location\">Xiamen<\/span> and officially joined the Silk Road Maritime project, bringing the total number of alliance members to 317 and the number of Silk Road Maritime routes to 116.<\/p>\n<p>With the help of the Silk Road Maritime platform, Xiamen Port had launched 133 container foreign trade routes reaching 149 ports in 55 countries and regions as of the end of 2022. Among them are 86 routes linking the city with BRI countries and regions, which has helped&nbsp;doubled the city&#8217;s competitive advantage and develop its foreign trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XIAMEN, China, Nov. 22, 2023 \/PRNewswire\/ &#8212; A news report from chinadaily.com.cn: Xiamen in Fujian province, located at the starting point of the Maritime Silk Road, has been actively participating in the Belt and Road Initiative (BRI). The city, determined to become an important hub on the 21st Century Maritime Silk Road, is moving towards [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-23478","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BRI helps Xiamen soar - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=23478\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BRI helps Xiamen soar - My Blog\" \/>\n<meta property=\"og:description\" content=\"XIAMEN, China, Nov. 22, 2023 \/PRNewswire\/ &#8212; A news report from chinadaily.com.cn: Xiamen in Fujian province, located at the starting point of the Maritime Silk Road, has been actively participating in the Belt and Road Initiative (BRI). 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