Ministry of Commerce: from January to May, the turnover of China's foreign contracted projects reached 371.95 billion yuan, an increase of 8% over the same period last year.

[Ministry of Commerce: turnover of China's foreign contracted projects increased by 371.95 billion yuan from January to May compared with the same period last year] the Ministry of Commerce spokeswoman Shu Pingting said at a regular press conference that from January to May 2023, the turnover of China's foreign contracted projects reached 371.95 billion yuan, an increase of 8 percent over the same period last year. The newly signed contracts totaled 493.87 billion yuan, down 2.6 percent from the same period last year. Chinese enterprises completed a turnover of 204.46 billion yuan in state contracted projects along Belt and Road Initiative, and newly signed contracts totaled 243.29 billion yuan, accounting for 55% and 49.3% of the total in the same period, respectively.