China's overseas investment surges in January
Updated: 2012-02-17 10:27 ( Xinhua)
BEIJING - China's overseas direct investment (ODI) in non-financial sectors reached $4.4 billion?in January, up 59.9 percent year-on-year, the Ministry of Commerce (MOC) announced Thursday.
The amount of investment calculated involved 355 overseas companies based in 87 countries and regions, said MOC spokesman Shen Danyang.
Business volume in overseas-contracted projects in January hit $5.87 billion, up 38.4 percent year-on-year. Meanwhile, the value of new contracts signed fell 10.2 percent to $9.33 billion, Shen said at a press conference held in Beijing.
As of the end of January, 811,000 Chinese were working in these investment projects abroad. The number was down 30,000 from the same period last year.
- CIC tables bid for London's Chiswick Park
- Property buyers eye overseas market
- Call for law to protect personal information
- China to cut train ticket prices
- Christmas business
- Solar industry to get jolt from new policies
- KFC chicken under spotlight
- Sinopec taps oil industry in N. Sea
- PM 2.5 causes huge losses
- Pension gap exerts severe pressure
- Shadow banking on the rise
- Carrefour apologizes for price gouging
- China to set mobile payment standards
- Import tariffs lowered to boost consumption
- Yuan goes global
- Siemens sets sights on China's rapid city growth
- Dalian Wanda to tap Indian market
- iPhone 5 hit Chinese mainland market
- Patent applications surging in China
- Outbound travel on the rise
Survey & Comments
