China's non-financial ODI up 4.4% in Jan-July

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China's non-financial outbound direct investment (ODI) reached 424.28 billion yuan in the first seven months of the year, up 4.4% year on year, official data showed Thursday.

In U.S. dollar terms, the ODI rose 3.6% from a year ago to US$65.06 billion, according to the Ministry of Commerce.

Outbound leasing and business services investment rose 24.5% from a year earlier to US$22.38 billion.

Investment in multiple fields, including wholesale and retail, manufacturing, and construction, registered growth.

In the first seven months, non-financial direct investment into countries along the Belt and Road increased 5.1% year on year to US$11.87 billion.

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