China's outbound investment to slow in 2017: ministry
Take me away, mom Animals on the Road	“Water Margin” on eggs Cat the occupier Adorable animals pose like stars Cuddle up together, battling against blizzard Sunshine in the life

 

China's outbound direct investment (ODI) will steadily slow, but be of better quality in 2017, the Ministry of Commerce (MOC) said Thursday.

Despite rapid ODI growth in 2016, Chinese companies face increased risks in investing overseas due to fluctuations on international financial markets, uncertainties in other country's economic policy and restrictions by some developed countries on investment from China, particularly from Chinese state firms, said MOC spokesperson Sun Jiwen at a press briefing.

The ministry will support authentic, legal outbound investment by capable and qualified Chinese companies, Sun told reporters.

He said measures will be taken to prevent risks in outbound investment, regulate the market and encourage investment in the real economy and emerging industries.

China's non-financial ODI soared 44.1 percent 170 billion U.S. dollars in 2016.

Author： 　　　Source：CRI　　　 Editor：Yang Fan