China's overseas direct investment is likely to rise at least ten percent annually for the next five years. The Commerce Ministry said on Wednesday that the trend will soon make the country a net EXPORTER of capital.

The value of overseas assets held by Chinese companies still lags behind foreign peers, particularly in the energy and natural resource sectors. For 2014, Chinese outbound direct investment is expected to reach 120 billion US dollars this year. but that's equal to only a tenth of the assets held by American firms and only half of those held by Japanese companies.

China's push to stoke overseas investment is part of an effort to slow the rise of its foreign currency reserves at home while helping domestic companies expand abroad.

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