Forecast China’s outbound investment over the next
outbound investment would reach $1.25 trillion over the next decade.
This trend is set to accelerate. The 2015 Report on Chinese Enterprise Globalization, published by the Beijingbased Center for China and Globalization, or CCG, said that recently the number of outbound investments (686) has been growing at six times the rate they were growing between 2008 and 2013.
“We are on the verge of a big wave of Chinese companies going global,” said Wu Jianmin, China’s former ambassador to France. “In the past, it was mainly big companies that were interested in going global, but now so are smaller and medium-sized companies. Many companies have realized that if they don’t look for opportunities globally, they will probably die in China finally. ”
In 2015, Chinese companies made non-financial direct investment of $118 billion in 5,085 companies in 153 countries and regions, a year-onyear increase of 14.7 percent, according to the Ministry of Commerce.
Wang Huiyao, director of the CCG, said that in about 63 percent