ODI in non-financial sector increased 13.1% y/y in January-February.

By bne IntelliNews March 23, 2011
China's outbound direct investment (ODI) increased 13.1% y/y and reached USD 5.27bn during the first two months of this year. As reported by China Business News, Yao Jian, spokesman of the Ministry of Commerce (MOC) stated that Chinese entrepreneurs invested in 680 overseas enterprises in 88 countries and regions during the period. The country's ODI in the non-financial sector had reached USD 264bn by the end of February this year. The country's ODI in the non-financial sector increased 36.3% y/y and reached USD 59bn in 2010, which accounted for 60% of the foreign direct investment China attracted.

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