ODI surges 61.8% in first half of 2016

China Daily (Canada) - - BUSINESS -

China’s non-fi­nan­cial out­bound di­rect in­vest­ment soared 61.8 per­cent year-onyear in the first seven months, data from theMin­istry of Com­merce showed on Wed­nes­day. ODI from Jan­uary to July hit 673.24 bil­lion yuan ($102.75 bil­lion), the min­istry said in a state­ment. ODI in July alone reached $13.89 bil­lion, down 9.5 per­cent month-on-month, ac­cord­ing to the min­istry.

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