China says to import $2.8 trillion in products from One Belt, One Road countries over 5 years

On top of importing S$2.8 trillion worth of products from Belt and Road participating countries, China will push for more free trade talks and spearhead the Regional Comprehensive Economic Partnership.
On top of importing S$2.8 trillion worth of products from Belt and Road participating countries, China will push for more free trade talks and spearhead the Regional Comprehensive Economic Partnership. PHOTO: EPA

BEIJING (Reuters) - China will import US$2 trillion (S$2.81 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.

This story is developing.