The article presents the main factors, which influence the development of relations between Belarus and China in the field of trade, economic and investment cooperation. The article considers the legal basis of two countries cooperation, factors that play a favorable role in the development of relations, highlights the existing problems in these relations. Statistics allows tracing the dynamics of China's participation in the external economy of the Republic of Belarus. The authors come to the conclusion that despite the existing problems, such as the negative balance for Belarus, the Belarusian-Chinese relations have good prospects. Investment cooperation is developing most actively, within the framework of which The Great Stone Industrial Park forms a key part of the “One Belt, One Road” initiative.