Period by Period
China's non-financial ODI up 18.8% in January-August
Updated: Sep 21, 2023
Xinhua
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BEIJING - China's non-financial outbound direct investment (ODI) increased 18.8 percent year-on-year to 585.61 billion yuan in the first eight months of the year, official data showed Thursday.
In US dollar terms, the ODI stood at $83.73 billion in the period, up 11.5 percent from a year earlier, according to the Ministry of Commerce.
The non-financial ODI in Belt and Road partner countries came in at $20.07 billion in the first eight months of 2023, up 14.9 percent year-on-year.
The turnover of contracted projects overseas grew 6.1 percent year-on-year to 648.62 billion yuan, while the contract value of newly-signed projects amounted to 863.34 billion yuan, up 2 percent from a year earlier, the ministry said.
