BUSINESS China's outbound investment second only to Japan in 2018


China's outbound investment second only to Japan in 2018


16:35, September 16, 2019

BEIJING, Sept. 16 (Xinhua) - China's outbound direct investment (ODI) amounted to 143 billion US dollars in 2018, making it the world's second-largest outward investor, new government data showed.


(File photo: VCG)

Although the volume was down 9.6 percent year on year, it came second only to Japan, according to a report released by China's Ministry of Commerce, together with other departments.

At the end of 2018, the country's accumulated ODI stood at 1.98 trillion US dollars, ranking third in the world following the United States and the Netherlands.

More than 27,000 Chinese investors had established about 43,000 overseas enterprises in 188 countries and regions by the end of last year, the data showed.

China's ODI had seen rapid growth over the past decades, but authorities have set stricter rules in recent years and advised companies to make investment decisions more carefully.  

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