China's ODI accelerates in 2012
Updated: 2013-01-16 13:41
(Xinhua)
|
||||||||
BEIJING - China's outbound direct investment in non-financial sectors grew 28.6 percent year-on-year in 2012, accelerating from a year earlier, new Ministry of Commerce figures revealed on Wednesday.
The annual growth rate was higher than the 1.8-percent rate recorded in 2011 and 25 percent in the January-November period.
China invested a total of $77.22 billion in 4,425 overseas enterprises in 141 overseas countries and regions last year, MOC spokesman Shen Danyang told a press conference here.
ODI to Russia surged 117.8 percent year-on-year in 2012 and that to the United States and Japan jumped 66.4 percent and 47.8 percent respectively, according to Shen.
He said the accomplished turnover of China's overseas-contracted projects totalled $116.6 billion last year, up 12.7 percent from a year earlier.
During that period, 512,000 Chinese were sent to work overseas under labor cooperation contracts, 60,000 more than in 2011.
Special Coverage
Related Readings
China sees uptick in ODI to US and Europe
Chinese ODI set to remain steady next year
China's non-financial ODI grows at slower pace
China's ODI surges 25.8% in first 10 months
Outbound M&As on the rise, says report
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |