ODI set to become more diverse
By Bao Chang and Li Jiabao | China Daily | Updated: 2013-10-16 07:05
Chinese outbound investment will become more diverse in both target markets and fields in the coming year, according to a report released by global consulting firm Ernst & Young on Tuesday.
Going global is necessary for the sustainable development of Chinese companies, said the report, titled China Outbound Investment Trends and Prospects.
The firm forecast economic growth of 8 percent in 2014.
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