China's non-financial sector outbound investment declines

China's outbound direct investment from non-financial sectors dropped 41.9 percent year-on-year to $78.03 billion between January and September, the Ministry of Commerce announced on Tuesday.

The drop in the country's ODI during this period narrowed 3.9 percentage points from the first half of this year, indicating that China kept deploying more investment in manufacturing and modern service-related businesses in global markets.

Investment in leasing and commercial services, manufacturing, and retail and information-related businesses took 32 percent, 17.3 percent, 12.2 percent and 10.5 percent of the country's total ODI, respectively, during the nine-month period, said the ministry.