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China’s non-financial outbound FDI fell 3.7% in the first half

© Provided by Xinhua News Agency

Beijing, July 22 (Xinhua)-China’s non-financial direct investment (ODI) fell 3.7% year-on-year in the first half of this year, official data said Thursday.

China’s ODI during the period reached 348.8 billion yuan. On a US dollar basis, ODI increased 4.7% to $ 53.9 billion, according to the Ministry of Commerce and Industry.

Non-financial FDI in countries along the Belt and Road increased 8.6% year-on-year in the first half of the year, accounting for 17.8% of total ODI, backed by an overall decline, the ministry’s data show.

Investment in the Information Technology and Scientific Research Services sectors surged 26.8% and 74.2%, respectively, while investment in the Transportation sector almost doubled.

At the end of the first half of 2021, foreign investment in the Economic and Trade Cooperation Zone totaled US $ 47 billion, investing in US $ 6 billion in taxes and fees, and creating 380,000 local jobs. Is shown in the data.

China’s non-financial outbound FDI fell 3.7% in the first half

Source link China’s non-financial outbound FDI fell 3.7% in the first half

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