Non-financial ODI up in Jan-Nov
By Zhong Nan | China Daily | Updated: 2016-12-16 07:01
China's outbound direct investment from the non-financial sector stood at around 1.07 trillion yuan ($161.7 billion) in the first 11 months, up 55.3 percent on a year-on-year basis, according to data released by the Ministry of Commerce on Thursday.
Chinese companies completed 561 merger and acquisition deals in global markets between January and November this year, and $82.4 billion or 30 percent of their total investment flowed into manufacturing businesses.
Ministry spokesman Sun Jiwen said the investment categories of Chinese companies have been further expanded in overseas markets. High-end manufacturing, information and software technology services were hot areas for China's ODI over the past months.
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