Latest News
China's ODI rises on multiple fronts
Updated: Dec 23, 2022
By Zhong Nan
chinadaily.com.cn
Print
Share - WeChat
China's non-financial outbound direct investment, or ODI, rose 7.4 percent year-on-year to 687.86 billion yuan during the first eleven months of the year, the Ministry of Commerce said on Friday.
In US dollar terms, ODI grew 3.6 percent from the same period a year ago to $102.66 billion.
The non-financial ODI into economies participating in the Belt and Road Initiative reached $19.16 billion from January to November, with an increase of 6.5 percent year-on-year, accounting for 18.7 percent of China's total non-financial ODI during this period.
The ministry said China's outbound investments in multiple fields continued to grow between January and November. Investment into leasing and commercial services went up 14.3 percent from a year earlier to $34.37 billion.
