China's outbound direct investment (ODI) reached a record high of $87.8 billion in 2012, making the country the third-biggest outward investor last year, data released by the nation's statistics and commerce authorities showed.

Domestic investors and firms had invested in nearly 22,000 companies in 179 countries and regions as of late 2012. And the country's ODI to the US increased by 123.8 percent year-on-year in 2012 to hit $4.05 billion, making the US the second-largest ODI destination for China, the announcement said.

Considering the production capacity and the government's eagerness for China to go global, the country's ODI will keep growing.
 

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