Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Economy

HOME > Economy


China's outbound investment continues rapid growth

April 17, 2018


Abstract : China's non-financial outbound direct investment (ODI) continued to see double-digit growth in the first quarter of the year, official data showed Monday.

海外投资

BEIJING, April 17 (Xinhua) -- China's non-financial outbound direct investment (ODI) continued to see double-digit growth in the first quarter of the year, official data showed Monday.

Domestic investors made 25.5 billion U.S. dollars of non-financial ODI in 2,023 overseas enterprises in 140 countries and regions for January-March, the Ministry of Commerce (MOC) said.

The figure was up 24.1 percent from the same period last year, according to the MOC.

ODI in countries along the Belt and Road maintained strong expansion, rising 22.4 percent from one year earlier to 3.61 billion dollars during the first three months.

The structure of outbound investment has been optimized, with the majority of investment going to sectors including leasing, mining,manufacturing and IT services, the ministry said on its website.

The country's ODI has seen rapid growth in recent years. However, noting an "irrational tendency" in outbound investment, authorities have set stricter rules and advised companies to make investment decisions more carefully.

In a document released in August last year, the State Council said overseas investment in areas including real estate, hotels, cinemas, and entertainment would be limited, while investment in sectors such as gambling would be banned.

In the first three months, no new ODI projects were reported in the real estate, sports, and entertainment sectors, MOC said.


Related Coverage

Focus

Think Tank

  • EU plan won't stop Chinese investment

    December 6, 2018

    Once the final mechanism of the screening framework comes into force, the EU...

  • 5G more deserving of investment than transportation

    December 6, 2018

    while improving traditional transportation infrastructure, the central gover...

  • On way to becoming a world-class city cluster

    December 5, 2018

    As Beijing's non-capital functions are shifted to Xiongan, the rapid develop...

  • FTZ to further deepen reform and opening-up

    December 5, 2018

    As China accelerates the pace of its opening-up, the number of and scales of...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial