BEIJING, Feb. 22 (Xinhua) -- China's non-financial outbound direct investment (ODI) dropped 35.7 percent year on year to 53.27 billion yuan (7.73 billion U.S. dollars) in January this year, official data showed on February 16.
In January, Chinese companies invested in 983 overseas enterprises in 108 countries and regions, according to the Ministry of Commerce (MOC).
What’s worth noting is that real economy and emerging industries are attracted most attention of investors. In January, outbound investment in manufacturing industry hiked 79.4 percent on year, accounting for 37.5 percent of China’s total ODI compared to the 13.4 percent in the same period last year, and that in information transmission and software and information technology service industry increased 33.1 percent on year, accounting for 11.5 percent in total ODI compared to the 5.6 percent a year ago.
ODI in equipment manufacturing industry hit 2.29 billion U.S. dollars, 2.7 folds of that in January of 2016, but investment in real estate industry slid 84.3 percent on year and in culture, sports and entertainment down 93.3 percent on year.
Meanwhile, Chinese investors were active in countries along the Belt and Road. The non-financial ODI of China in Belt and Road countries presented 10.6 percent in China’s total ODI, up 2.1 percentage points from that in 2016.
Besides, the financing channels for outbound investment of Chinese enterprises showed a trend of diversification. The biggest two investment issues in January, with combined value of 8.38 billion U.S. dollars, were both accomplished through overseas financing.
The turnover of China’s overseas contracted projects in January in 2017 reached 56.44 billion yuan (about 8.19 billion U.S. dollars), up 3.4 percent year on year, and the value of the newly signed contracts was 82.49 billion yuan (about 11.97 billion U.S. dollars).
Various kinds of workers dispatched abroad amounted to 924,000 by the end of January. Enditem (Edited by Li Xiaohui, lixh@xinhua.org)
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