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China's non-financial ODI up 71.8% to RMB 195.97 bln in Jan-Feb

Mar 16, 2016 (China Knowledge) – China saw its non-financial outbound direct investment or ODI rose 71.8% year on year to RMB 195.97 billion or US$ 29.92 billion in Jan-Feb, , according to the latest statistics released by the Ministry of Commerce.

The ODI in Feb up 150% from the year before to US$ 17.9 billion, exceeding the total amount of the first two months of last year.

Moreover, China's investment in One Belt One Road related countries up 41.1% year on year to US$ 2.23 billion, among which US$ 1.82 billion was poured into equipment manufacturing.

Investment in Asian countries and regions accounted for about 60 percent of the total ODI in the first two months, among which ODI to Hong Kong doubled year on year to US$ 15.82 billion.

Moreover, ODI from local companies jumped about three times year on year to US$ 25.8 billion, accounting for 86.2% of the ODI.

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