BEIJING, Nov. 2 (Xinhua) -- South China's Hainan Province saw its outbound investment in the first three quarters of the year stand at 2.224 billion U.S. dollars, up 7.8 percent year on year, hitting a record high, according to the Hainan Provincial Department of Commerce on Thursday.
The province's outbound investment in the period is equivalent to the total amount of its outbound investment in 2015 and 2016, said the department.
Hainan has achieved positive progress in its investment in the countries and regions along the Belt and Road routes. For example, Haiken Group acquired stakes of the Indonesian PT Kirana Megatara (KM), which helps further improve the rubber industry chain in the province. Hainan Dingyi Green Island Ecological Agriculture Co., Ltd built a tropical ecological agriculture zone in Cambodia, becoming one of the first overseas agricultural cooperation demonstration zones, said an official of the department.
It is worth noting that the province's outbound investment mainly flowed to industries such as agricultural planting and processing, bio-pharmaceutical, energy, wholesale and retail, in the first three quarters of the year, said the official. (Edited by Hu Pingchao, hupingchao@xinhua.org)
A single purchase
