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Investment on target to balance out 'in 5 years'

By Wei Tian and Li Jiabao | China Daily | Updated: 2012-11-29 07:17

Investment on target to balance out 'in 5 years'

Outbound set to match incoming, minister says

China's international investment may match global investment here in five years, Commerce Minister Chen Deming said on Wednesday.

China's outbound direct investment this year will pass last year's to hit $70 billion and is set to increase in 2013, Chen said at a financial forum in Beijing.

Investment on target to balance out 'in 5 years'

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