China鈥檚 ODI to grow robustly to US$113b this year
Print Edition
CHINA’S outward direct investment will continue to grow robustly this year, evidence of Chinese companies going global, said a report from the National Development and Reform Commission.
China’s non-financial ODI is estimated at US$113 billion, up about 10 percent from 2014, the report said yesterday.
“We will move faster to build a system for providing financial services to outward investment, expand the channel for using foreign exchange reserves, and provide better financial services, information services, legal services and consulate protection for Chinese enterprises investing overseas,” noted the report.
Latest data showed China’s ODI by non-financial companies surged 40.6 percent year on year to US$10.17 billion in January.
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