Out­bound non-fi­nan­cial di­rect in­vest­ments up

China Daily (Canada) - - NEWS CAPSULE -

China’s to­tal out­bound di­rect in­vest­ment from the non-fi­nan­cial sec­tor jumped 44.1 per­cent to $170.11 bil­lion in 2016 com­pared with the pre­vi­ous year, ac­cord­ing to data re­leased by the Min­istry of Com­merce.

Out­bound di­rect in­vest­ment made by Chi­nese com­pa­nies in coun­tries and re­gions along the Belt and Road Ini­tia­tive amounted to $14.53 bil­lion last year. Chi­nese com­pa­nies from sec­tors such as in­fra­struc­ture and power signed $126.03 bil­lion of new project con­tracts in the two trad­ing routes in the mean­time, ac­count­ing for 51.6 per­cent of the coun­try’s to­tal in global mar­kets.

With a to­tal of $107.2 bil­lion, com­pa­nies had 742 merg­ers and ac­qui­si­tions in 18 in­dus­tries in 73 coun­tries and re­gions last year.

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