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China's non-financial ODI up 40.2% in Jan-May

Jun. 27, 2012 (China Knowledge) - China's overseas direct investment (ODI) in the non-financial sectors surged 40.2% YoY to US$28.52 billion in the first five months of this year, according to the latest statistics released by the Ministry of Commerce.  

The figure included US$22.52 billion in equity investments and other investments and US$6 billion of reinvested profits.

US$11.2 billion or 39.3% of the total overseas direct investment was completed through mergers and acquisitions.
As of the end of May, Chinese investors had invested a total of US$350.6 billion in foreign countries and nations in the world.

From January to May, the country's investment in Hong Kong, the U.S., the E.U. and Russia grew 50.9%, 45.9%, 23.6% and 22.5% YoY, respectively.

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