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Ministry: outward direct investment to maintain fast growth pace

China Daily | Updated: 2014-08-19 07:22

China's outward direct investment will maintain a "quite fast, probably 10 percent" growth pace this year, Shen Danyang, the spokesman for the Ministry of Commerce, said on Monday.

"It will be a new feature for China's outward direct investment to maintain a relatively robust growth and exceed the inflow of foreign direct investment in the near future," Shen said.

"It's normal for China's outward investment to maintain growth and the ODI decrease in the first half of this year was caused by the large base figure of last year," he said.

Ministry: outward direct investment to maintain fast growth pace

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