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China sees surging non-financial direct investment in B&R countries in Q1

April 23, 2020


Abstract : China's non-financial direct investment in the Belt and Road (B&R) countries surged 11.7 percent year on year to 4.2 billion U.S. dollars in the first quarter of the year, accounting for 17.3 percent of the total, latest data from the Ministry of Commerce showed recently.

BEIJING, April 23 (Xinhua) -- China's non-financial direct investment in the Belt and Road (B&R) countries surged 11.7 percent year on year to 4.2 billion U.S. dollars in the first quarter of the year, accounting for 17.3 percent of the total, latest data from the Ministry of Commerce showed recently.

The value of China's non-financial outbound direct investment to 2,538 foreign enterprises in 153 countries and regions amounted to 169.03 billion yuan (about 24.22 billion U.S. dollars) during the same period, down 0.6 percent year on year.

China's non-financial investment is mainly in the fields of leasing and business services, wholesale and retail, manufacturing and mining, accounting for 39.9 percent, 15.2 percent, 13.5 percent, and 7.2 percent of the total.

Meanwhile, 187 new projects with the contract value above 50 million U.S. dollars were signed by Chinese enterprises in foreign countries, with a total value of 45.74 billion U.S. dollars. (Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com)

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Keyword: Belt and Road foreign investment

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