Business / Macro

China's ODI hits $50.6b, up by 20%

By Li Jiabao and Zheng Yangpeng (chinadaily.com.cn) Updated: 2013-08-23 11:18

China's outbound direct investment in the non-financial sector gained by 20 percent from a year earlier to $50.6 billion during the first seven months of the year, according to the Ministry of Commerce.

The nation's ODI flowing into Japan from January to July dropped by 11.5 percent year-on-year, while the Chinese mainland's ODI to Hong Kong decreased by 5.3 percent.

During the first half, China's ODI in the non-financial sector in Japan declined by 9.1 percent year-on-year, according to the ministry.

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