China's non-financial outbound investment down 8.2 pct in 2019

0 Comment(s)Print E-mail Xinhua, January 22, 2020
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China's non-financial outbound direct investment (ODI) dropped 8.2 percent year on year in 2019, the Ministry of Commerce said Tuesday.

Non-financial ODI stood at 110.6 billion U.S. dollars last year, Vice Minister of Commerce Qian Keming said at a press conference.

Of the total, 15 billion U.S. dollars went to countries along the Belt and Road, accounting for 13.6 percent of the total and the ratio was 0.6 percentage points higher year on year.

The structure of ODI continued to improve, with investment mainly going into sectors including leasing and business services, manufacturing, wholesale and retail, according to the ministry. 

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