China's non-financial outbound direct investment up 2.3 pct in January-May

Xinhua
23 Jun 2022, 18:25 GMT+10

BEIJING, June 23 (Xinhua) -- China's non-financial outbound direct investment (ODI) reached 287.06 billion yuan in the first five months of the year, up 2.3 percent year on year, official data showed Thursday.

In U.S. dollar terms, the ODI rose 3 percent from a year ago to 44.6 billion dollars, according to the Ministry of Commerce.

In the January-May period, non-financial direct investment into countries along the Belt and Road increased 10.2 percent year on year to 8.19 billion U.S. dollars.

The country's investment in wholesale and retail surged 20.8 percent from a year earlier to 8.08 billion dollars, the ministry said, adding that investments in construction, scientific research and technical services also saw an increase.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to China National News.

More Information

null in null

Business

Section

Wall Street volatile as Trump leads world on path to GFC II

World financial markets in turmoil, investors already missing Biden

NEW YORK, New York - U.S, and global financial markets were in crisis Friday as China increased its tariffs on the U.S. to 125 percent,...

Airbus teams up with Amazon to boost in-flight connectivity

Airbus signs provisional deal with Amazon on connectivity to airlines

HAMBURG, Germany: Airbus is looking to expand in-flight connectivity options through a new satellite partnership with Amazon, as the...

Thailand shifts trade strategy amid steep US tariffs

Thailand to increase US imports, lower taxes in tariff response

BANGKOK, Thailand: Thailand is adjusting its trade strategy in response to unexpectedly steep U.S. tariffs, moving to soften the economic...

U.S. stock markets slide resumes, major indices tumble

Dow Jones tumbles 1,015 points as volatility returns

NEW YORK, New York - U.S. stocks fell sharply Thursday, wiping out much of the gains that came in the relief rally a day earlier after...

Hollywood pushes for more tax breaks to keep productions in LA

Hundreds rally to bring film and TV production back to Hollywood

LOS ANGELES, California: Over the weekend, hundreds of Hollywood workers, including crew members, producers, and actors, asked California...

EU official warns of harsh impact from new US tariffs

EU: Trump tariffs could slow euro growth by up to 1 percentage point

ATHENS, Greece: As Europe braces for the economic fallout of new U.S. tariffs, a top eurozone official has warned the consequences...

Asia Pacific

Section