Non-financial ODI posts 40.2% surge to US$28.5b
Source: Xinhua |
June 27, 2012, Wednesday
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Print Edition
Print Edition
CHINA'S outbound direct investment in non-financial sectors surged 40.2 percent year on year to US$28.5 billion during the first five months, the Ministry of Commerce said yesterday.
Of all Chinese ODI during the January-May period, about 39.3 percent, or US$11.2 billion, went into mergers and acquisitions, ministry spokesman Shen Danyang said.
In the first five months, Chinese mainland investors invested in 1,709 companies based in 115 countries and regions.
The flow of ODI into Hong Kong, the US and the European Union sharply jumped 50.9 percent, 45.9 percent and 23.6 percent, respectively, Shen added.
As of the end of May, China's non-financial ODI totaled US$350.6 billion.
Of all Chinese ODI during the January-May period, about 39.3 percent, or US$11.2 billion, went into mergers and acquisitions, ministry spokesman Shen Danyang said.
In the first five months, Chinese mainland investors invested in 1,709 companies based in 115 countries and regions.
The flow of ODI into Hong Kong, the US and the European Union sharply jumped 50.9 percent, 45.9 percent and 23.6 percent, respectively, Shen added.
As of the end of May, China's non-financial ODI totaled US$350.6 billion.
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