LINE

    Text:AAAPrint
    Economy

    China's ODI down 41.8 pct in Jan.-Aug.

    1
    2017-09-14 15:59Xinhua Editor: Gu Liping ECNS App Download

    China's non-financial outbound direct investment (ODI) dropped 41.8 percent year on year to 68.72 billion U.S. dollars in the first eight months, official data showed Thursday.

    Chinese companies made the outbound investment in more than 4,789 overseas enterprises of 152 countries and regions from January to August, the Ministry of Commerce said on its website.

    The plunge narrowed 2.5 percentage points from the January-July period, and the ODI structure continued to improve, according to ministry spokesman Gao Feng.

    The investment mainly went to the leasing and commercial services, manufacturing, wholesale and retail, and information technology sectors.

    As the government moved to curb irrational investment, there were no new investment projects in real estate, sports and the entertainment sectors, Gao said.

    Since late 2016, the ministry has cooperated with other departments to reinforce inspections into the authenticity and regulation compliance of outbound investment to optimize investment structure.

    Outbound investment to countries involved in the Belt and Road Initiative stood at 8.55 billion dollars, accounting for 12.4 percent of the total ODI, up 4.3 percentage points from the same period of 2016.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 弥勒县| 陵川县| 固始县| 瑞安市| 庆阳市| 泰顺县| 武胜县| 承德市| 西峡县| 宜州市| 白玉县| 渝北区| 格尔木市| 黔西| 武邑县| 台安县| 太保市| 高台县| 泸溪县| 乐平市| 霍山县| 尼勒克县| 高尔夫| 美姑县| 襄汾县| 望城县| 湖州市| 德保县| 收藏| 昆山市| 金堂县| 噶尔县| 克什克腾旗| 禹城市| 龙井市| 南召县| 丹江口市| 易门县| 巴里| 江都市| 新建县|