82 overseas cooperation zones create over $2 bln in tax revenue
As an important part of the “Belt and Road” economic and trade cooperation, industrial parks have played a big role in taking Chinese companies abroad. According to the Ministry of Commerce, so far China has built 82 parks in 24 countries under the Belt and Road Initiative. They have generated more than 2 billion U.S. dollars in tax income for host countries, and created nearly 300,000 local jobs. The largest among them is the China-Belarus Industrial Park. It covers more than 90 square kilometers and is expected to host 60 companies by next year. Its total contracted investment is expected to reach 2 billion dollars. 20 projects will be launched, while 30 will begin operation.