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China Daily Europe | Updated: 2016-10-21 07:13
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The investment categories of Chinese companies have been further expanded in overseas companies. High-end manufacturing, information transmission and software technology services were hot areas for China's ODI over the past nine months."

Shen Danyang, spokesman for the Ministry of Commerce. China's outbound direct investment jumped 53.7 percent year-on-year to 882.78 billion yuan ($134.22 billion, 119.2 billion euros, 106.7 billion pounds) in the first three quarters of this year, the ministry said on Oct 18.

"Whatever happens ... it remains a fact that the BRICS countries account for more than half of global GDP growth. That is not going to change. We are going to be the main driver of global GDP growth for at least the next 10 years."

K.V. Kamath, head of the New Development Bank, speaking on the sidelines of the 8th BRICS Summit in Goa in mid-October. The NDB was established by BRICS nations last year.

"Chinese travelers carry domestic instant noodles not to save money, ... they need Chinese cuisine to balance the local food."

Jiang Yiyi, director of the International Tourism Development Institute, under the China Tourism Academy. Travelers' preferences indicate demand for tailor-made Chinese food services at overseas tourist destinations, Jiang said.

(China Daily European Weekly 10/21/2016 page24)

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