Home / World News / China sweetens deal, to import $2-trn goods from OBOR nations in 5 yrs
China sweetens deal, to import $2-trn goods from OBOR nations in 5 yrs
China will also promote free trade talks and push forward with negotiations to form RCEP
Chinese Commerce Minister Zhong Shan delivers his speech during the opening ceremony for the Sino-German Center for Sustainable Development at the Ministry of Commerce in Beijing, China, May 11, 2017. Photo: Reuters
China will import $2 trillion worth of products from countries participating in its Belt and Road initiative over the next five years, Commerce Minister Zhong Shan said at a summit on the programme.
He also said China will promote free trade talks and push forward with negotiations to form the Regional Comprehensive Economic Partnership (RCEP), a China-backed trading pact.