China's ODI Rises 61.8% in Jan.-Jul.- China Business Network

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China's ODI Rises 61.8% in Jan.-Jul.

2016-08-18

Brief：In the first seven months of 2016, China’s non-financial outbound direct investment totalled to 673.24 billion yuan, a rise of 61.8 percent from a year earlier.

China’s outbound investment has been increasing rapidly this year, and the amount of outbound investment has surpassed that of the use of foreign investment.

Han Yong of Ministry of Commerce, said “From January to July, the Chinese mainland invested over U.S.$75 billion to seven major economies, including Hong Kong, the ASEAN, the European Union, Australia, the U.S., Russia and Japan. That occupied more than 73 percent of the total outbound investment volume in the period.”

In the first seven months of 2016, China’s non-financial outbound direct investment totalled to 673.24 billion yuan, a rise of 61.8 percent from a year earlier. During the period, mergers and acquisitions drove outbound investments. Chinese companies made nearly 460 M&A projects overseas, including 12 projects with a total value of more than U.S.$1 billion.

CCTV

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Tags：Chinese investment, outbound direct investment, ODI

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