Outbound non-financial direct investments up
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.