Which Sectors Have Benefitted Most From China's Belt and Road Initiative?
![Which Sectors Have Benefitted Most From China's Belt and Road Initiative?](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fvoronoi-Which-Sectors-Have-Benefitted-Most-From-Chinas-Belt-and-Road-Initiative-20240510130556.webp&w=3840&q=75)
In hosting its third Belt and Road Initiative Forum on Tuesday and Wednesday of this week, China is welcoming representatives from around 130 countries for a diplomatic event focused on Xi Jinping's now ten-year-old signature policy.
While coming in for criticism related to the "accentuated debt distress" it has put some countries under, the Belt and Road Initiative (BRI) has created $1.01 trillion worth of investment and construction projects in 148 countries around the world. Figures from the Green Finance & Development Center show that BRI investment in 2021 (and all previous years) was centered largely on the energy sector, which received a total of $22.3 billion.
Transport closely followed as a key focus in 2021, with $16.4 billion. The sectors with the largest annual growth though were 'health' (246 percent) and 'utilities' (192 percent).
Dataset
Sector | 2021 Spending (billions, USD) |
---|---|
Energy | $22.3 |
Transport | $16.4 |
Metals | $7.2 |
Utilities | $4.6 |
Real Estate | $3.4 |
Logistics | $2.4 |
Chemicals | $1.5 |
Other | $2.8 |
Data sources
'Other' category includes health, technology, agriculture etc.