Tril­lion

China Daily (Canada) - - ANALYSIS -

Fore­cast China’s out­bound in­vest­ment over the next

decade

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

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