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Investment

(Update) China's non-financial ODI up 8.5 pct in Jan.-Sept.

October 28, 2022


Abstract : China's non-financial outbound direct investment (ODI) reached 567.19 billion yuan in the first nine months of the year, up 8.5 percent year on year, official data showed Thursday.

Aerial photo taken on May 16, 2021 shows an overview of the first berth of Lamu Port in Kenya. (Xinhua/Cui Weibao)

BEIJING, Oct. 27 (Xinhua) -- China's non-financial outbound direct investment (ODI) reached 567.19 billion yuan in the first nine months of the year, up 8.5 percent year on year, official data showed Thursday.

In U.S. dollar terms, the ODI rose 6.3 percent from a year ago to 85.85 billion dollars, according to the Ministry of Commerce.

Outbound leasing and business services investment rose 26.7 percent from a year earlier to 29.32 billion U.S. dollars.

Investment in multiple fields, including manufacturing, wholesale, and retail, as well as construction, registered growth.

In the first nine months, non-financial direct investment into countries along the Belt and Road increased 5.2 percent year on year to 15.65 billion U.S. dollars.

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Keyword: China-Economy-Outbound Investment

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