国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China outbound investment surge reinforces growth confidence

(Xinhua) Updated: 2015-11-17 10:39

BEIJING - China's overseas nonfinancial investment during the first 10 months of 2015 surged 16.3 percent year on year, hailed by many as a stabilizer of world economic growth.

The mainland made around 589.2 billion yuan ($95.21 billion) in outbound direct investment (ODI) during the period, covering 5,553 companies across 152 countries and regions, data released by the Ministry of Commerce (MOC) showed on Monday.

ODI projects covered a wide range of fields including transportation, residential construction, electric power engineering, telecommunication and petrochemical industries.

Belt & road initiative

"The China-proposed 'Belt and Road' initiative, which is designed to improve transnational connections via transportation networks, contributed a lot to the ODI increase, showing China's efforts to power global economic growth," said Zhang Shuyu, a researcher with the University of International Business and Economics.

In the first 10 months, ODI in 49 nations along the Belt and Road totaled $13.17 billion, up 36.7 percent year on year. Top investment destinations were Singapore, Kazakhstan, Laos, Indonesia and Russia.

Meanwhile, new foreign-contracted projects in 60 countries along the route rose to $64.55 billion, up 21.6 percent from last year, accounting for 43.3 percent of China's overseas projects.

The distribution of surplus industrial equipment to countries in need, waning domestic profits fueling a desire to expand overseas, and the slashing of red tape have combined to make China the world's top capital exporter, Jiang Wenbin, deputy head of the MOC department of outward investment and economic cooperation, said.

China became a net-capital exporter for the first time last year, when ODI surpassed foreign direct investment (FDI). ODI grew 14.1 percent in 2014, eclipsing the 1.7-percent growth recorded for FDI.

Growing confidence

"The ODI data provides fresh evidence that President Xi Jinping's remarks are not baseless," said Zhang, referring to comments by the president on Sunday that China had the confidence and capability to maintain medium-high growth, transmitting "Chinese confidence" to the world.

When addressing the G20 summit in Antalya, southwest Turkey, Xi said China's confidence comes from its determination and commitment to press ahead with reform and build an open economic system.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
深泽县| 云梦县| 福鼎市| 咸丰县| 靖西县| 赤壁市| 玉山县| 松阳县| 临猗县| 昭苏县| 泸定县| 江陵县| 江都市| 巍山| 广南县| 东安县| 颍上县| 霸州市| 高雄县| 蓝山县| 盖州市| 当雄县| 沾化县| 收藏| 晋宁县| 济宁市| 乌拉特后旗| 黄梅县| 灵丘县| 津市市| 平定县| 平舆县| 专栏| 芦溪县| 泾川县| 七台河市| 安康市| 乐清市| 博白县| 中超| 鸡东县|