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Outbound investment dips by 1.1% in Q1

China's outbound direct investment (ODI) dropped 1.1 percent year-on-year to $25.21 billion in the first quarter of 2019 this year, according to a statement released by the Ministry of Commerce. In the meantime, Chinese companies invested 2,060 businesses in 143 countries and regions. The country's ODI jumped 10 percent from same period a year earlier to $9.55 billion in March. The structure of outbound investment continued to improve, with investment mainly flowing into leasing and business services, manufacturing, retail and wholesale, and IT sectors, according to the ministry.

Guideline relating to new board released