Companies urged to go global with investments

New regulations aim to make outbound spending easier

China's outbound investments may show year-on-year growth of 10 percent in 2014, while the administrative processes for Chinese companies' overseas investments will be simplified, a senior official from the Ministry of Commerce said on Tuesday.

Because of some regional conflicts this year, outward investments from Chinese companies will not have the same high growth as that of 2013, which was 22.8 percent, said Fang Wei, deputy director of the ministry's outward investment and economic cooperation department.