1st LD: China's non-financial ODI down 3.2 pct in Jan.-Oct.

0 Comment(s)Print E-mail Xinhua, November 19, 2020
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BEIJING, Nov. 19 (Xinhua) -- China's non-financial outbound direct investment (ODI) went down 3.2 percent year on year in the first 10 months of the year, official data showed Thursday.

The ODI amounted to 602 billion yuan (about 86.38 billion U.S. dollars) in the period, according to the Ministry of Commerce.

China added a total of 14.1 billion dollars of non-financial ODI into countries participating in the Belt and Road Initiative, up 23.1 percent year on year. The figure accounts for 16.3 percent of the total ODI during the period, up 3.6 percentage points from the same period last year.

Major overseas engineering projects increased. The contract value of newly signed overseas projects came in at 1.16 trillion yuan during the January-October period, down 4.4 percent year on year. Enditem

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