China's non-financial outbound direct investment up 2.3 pct in January-May
Xinhua
23 Jun 2022, 22:55 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.
Subscribe and Follow
Get a daily dose of New York Statesman news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to New York Statesman.
More Information
77
℉
Watford FC bans Qatar friendly due to fans' human rights concerns
WATFORD, UK: Watford F.C. has cancelled a friendly match against the Qatar national team due to the Gulf country's human ...
Istanbul Pride parades blocked by Turkey police
ISTANBUL, Turkey: Turkish police detained dozens of people after local authorities banned Istanbul's annual Pride parade from going ahead this ...
French urged to conserve energy use to prepare for winter
PARIS, France: Amidst shortages and soaring prices caused by Russia's invasion of Ukraine and subsequent supply cuts, the heads of ...
At this week's G7 meeting, imports of Russian gold to be banned
WASHINGTON D.C.: In the latest in a series of sanctions aimed at further isolating Russia economically over its invasion of ...
Myanmar military thwarts weapon transporting by PDF fighters
MAGWAY, Myanmar - At least eight resistance fighters were killed on Wednesday when junta troops intercepted a truck they were ...
Shanghai Beijing say life returning to normal after Covid lockdowns
SHANGHAI, China: As Shanghai reports no new cases of Covid for the first time in two months, Shanghai's top communist ...
