China’s Investment in Foreign Countries in January 2020
Click:289    DateTime:Mar.06,2020

China’s non-financial (OFDI) outward foreign direct investment was down 7.7% YoY to RMB57.57 billion (US$8.32 billion, down 9.5% YoY) in January 2020, involving 1 117 foreign enterprises in 137 countries and regions. Contract value of foreign contracted projects was up 74.2% YoY to RMB108.25 billion (up 71% YoY to US$15.65 billion, US$9.23 billion or 59% from countries along the Belt and Road).


Non-financial OFDI in 47 countries along the Belt and Road was up 19.5% YoY to US$1.59 billion in January. Investment areas were diversified including rental and business services (representing 39.9% of total investment), wholesale and retail (14.9%), manufacturing (10.2%) and mining (9%). Investment in tertiary industry was up 4.3% YoY to US$6.51 billion, accounting for 78.3% of the total.


The number of foreign contracted projects (contract value for each of them exceeding US$50 million) reached 52 in January, and total value was US$14.06 billion, taking up 89.8% of the total. The number of projects valued at US$100 million or more was 31, up 18 from a year earlier.