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China's Outbound Direct Investment Surges in Jan.- April
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  • //english.dbw.cn  2016-05-18 10:35:10
     

      File photo of a bank clerk uses a machine to count yuan banknotes in a bank in Hefei in central China's Anhui province. [Photo: china.org.cn]

      Data released by China's Ministry of Commerce shows the country's outbound investment in the first four months this year remained strong.

      China's non-financial outbound direct investment (ODI) hit 391.5 billion yuan or about 60.1 billion U.S. dollars from January to April.

      That is a 71.8 percent year-on-year increase.

      Chinese enterprises were contracted to build over 21-hundred overseas infrastructure projects during the period, up some 40 percent.

      The same set of data also shows China's outbound investment in the service sector was up 73.2 percent in the first four months this year, reaching 43.83 billion U.S. dollars.

      For more on the ODI, CRI’ Bob Jones spoke with Gao Shang, senior analyst with Guantong Futures.

      

     

    Author:    Source:CRI    Editor:Yang Fan

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