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China's non-financial ODI expands
Source: Xinhua |
December 18, 2012, Tuesday
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Print Edition
Print Edition
CHINA'S outbound direct investment in non-financial sectors continued to grow in the first 11 months of 2012, although not as quickly as in previous months.
ODI climbed 25 percent annually to US$62.53 billion between January and November. This was slower than the 25.8-percent rise in the first 10 months and 28.9 percent in the first three quarters, figures released yesterday by the Ministry of Commerce showed.
Official figures showed investments were channelled to 3,596 overseas enterprises in 130 countries and regions during the period.
According to the ministry, the turnover of China's overseas-contracted projects totalled US$102.4 billion in the first 11 months, up 10.7 percent annually.
Meanwhile, 406,000 Chinese were sent to work abroad under labor cooperation contracts.
ODI climbed 25 percent annually to US$62.53 billion between January and November. This was slower than the 25.8-percent rise in the first 10 months and 28.9 percent in the first three quarters, figures released yesterday by the Ministry of Commerce showed.
Official figures showed investments were channelled to 3,596 overseas enterprises in 130 countries and regions during the period.
According to the ministry, the turnover of China's overseas-contracted projects totalled US$102.4 billion in the first 11 months, up 10.7 percent annually.
Meanwhile, 406,000 Chinese were sent to work abroad under labor cooperation contracts.
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