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The «One Belt, One Road» concept is an international initiative of China aimed at improving existing and creating new trade routes. It was first announced by Chinese President Xi Jinping in autumn 2013 during visits to Kazakhstan and Indonesia.
At the end of 2020, the trade turnover between the Benelux countries and China amounted to about USD 98 billion, of which USD 26.09 billion accounted for exports to China and USD 71.86 billion - for import.