BEIJING -- China's non-financial outbound direct investment (ODI) in the first four months soared 71.8 percent year on year to 391.5 billion yuan (about 60.1 billion U.S. dollars), data from the Ministry of Commerce (MOC) showed on May 16.
Chinese enterprises were contracted to build 2,133 overseas infrastructure projects during the period, up some 40 percent.
Particularly, domestic firms invested a total of 4.9 billion U.S. dollars, up 32 percent, in 49 countries involved in the Belt and Road Initiative.
ODI in the service sector increased 73.2 percent to 43.8 billion U.S. dollars.
Table 1: China's non-financial ODI in the first four months
Unit: bln yuan
|
|
Jan. |
Feb. |
Mar. |
April |
|
China’s non-financial ODI |
78.76 |
117.21 |
65.77 |
129.76 |
Table 2: China's non-financial ODI growth as well as ODI to countries involved in the B&R Initiative in Jan.-April
Unit: bln U.S. dollar
|
|
Jan. |
Jan.-Feb |
Jan.-Mar. |
Jan.-April |
|
China's non-financial ODI |
12.02 |
29.92 |
40.34 |
60.1 |
|
Growth rate (y-o-y) |
↑18.2% |
↑71.8% |
↑55.4% |
↑71.8% |
|
ODI to countries involved in the B&R Initiative |
-- |
2.23 |
3.59 |
4.9
|
|
Growth rate (y-o-y) |
-- |
↑41.1% |
↑40.2% |
↑32% |
(Source: www.mofcom.gov.cn)
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