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1st LD-Writethru: China's outbound direct investment up 12.6 pct

Xinhua, December 17, 2015 Adjust font size:

China made 8.92 billion U.S. dollars in non-financial outbound direct investment (ODI) in November this year, up 12.6 percent year on year, the Ministry of Commerce (MOC) said on Thursday.

In the first 11 months of 2015, China made 104.13 billion U.S. dollars in non-financial ODI investment, up 16 percent year on year, MOC Spokesperson Shen Danyang said at a regular press conference.

Jan.-Nov., China's investments in the Association of Southeast Asian Nations and the United States rose by 109.9 percent and 55 percent compared with the same period last year, leading the increases.

The turnover of foreign-contracted projects in the Jan.-Nov. period hit 130.12 billion U.S. dollars, up 7.3 percent year on year. Meanwhile, new foreign-contracted projects were worth 163.03 billion U.S. dollars, up 1.3 percent year on year. Endi