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China's non-financial outbound direct investment down 5.2% in Jan-Sept

Updated: Oct 21,2021 19:11    Xinhua

BEIJING — China's non-financial outbound direct investment (ODI) went down 5.2 percent year-on-year to 522.76 billion yuan in the first nine months of this year, official data showed on Oct 21.

​China's non-financial ODI rose 2.4 percent to $80.78 billion, according to the Ministry of Commerce.

In the January-September period, investment into countries along the Belt and Road increased 14.2 percent year-on-year to $14.87 billion, accounting for 18.4 percent of total non-financial ODI, the data showed.

Outbound investment in multiple fields continued to grow during the period. Investment into the manufacturing sector rose 9.3 percent from a year earlier to $13.66 billion, while investment into services related to information transmission, software and information technology jumped 37.2 percent to reach $6.2 billion.

The non-financial ODI from China's local enterprises increased 8.5 percent from a year earlier, accounting for 76.6 percent of the total non-financial ODI during the period, according to the ministry.

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