\n
By Wang Ke from People<\/span><\/span>\u2019<\/span><\/span>s Daily<\/span><\/span><\/p>\n \n China<\/span><\/span>\u2019<\/span><\/span>s outbound direct investment (ODI) maintained steady growth in the first eight months of this year, said China<\/span><\/span>\u2019<\/span><\/span>s <\/span><\/span>Ministry of Commerce spokesperson<\/span><\/span>\u00a0<\/span><\/span>Gao<\/span><\/span>\u00a0<\/span><\/span>Feng<\/span><\/span> on <\/span><\/span>Thursday.<\/span><\/span><\/p>\n \n Chinese investors made $74.09 billion non-financial ODI in 4,309 overseas enterprises in 153 countries and regions from January to August, the spokesperson noted. <\/span><\/span>I<\/span><\/span>t marked an increase of 7.8 percent from a year earlier. <\/span><\/span><\/p>\n \n Gao pointed out that China has been enhancing its<\/span><\/span>\u00a0<\/span><\/span>investment<\/span><\/span>\u00a0<\/span><\/span>cooperation<\/span><\/span> with c<\/span><\/span>ountries<\/span><\/span>\u00a0<\/span><\/span>and regions<\/span><\/span>\u00a0<\/span><\/span>participating the<\/span><\/span>\u00a0<\/span><\/span>Belt<\/span><\/span>\u00a0<\/span><\/span>and<\/span><\/span>\u00a0<\/span><\/span>Road<\/span><\/span> construction. The country<\/span><\/span>\u2019<\/span><\/span>s ODI in 55 en-route <\/span><\/span>countries<\/span><\/span> rose 12 percent <\/span><\/span>from<\/span><\/span> a year earlier to $9.58 billion.<\/span><\/span><\/p>\n \n Irrational investment has been effectively curbed,<\/span><\/span> as a result of continual optimization of China<\/span><\/span>\u2019<\/span><\/span>s structure of outbound investment, Gao noted.<\/span><\/span><\/p>\n \n T<\/span><\/span>he outbound investment mainly went to industries including leasing and business services, manufacturing, mining, and wholesale and retail.<\/span><\/span><\/p>\n \n E<\/span><\/span>astern China remained the major force of the outbound <\/span><\/span>investment, <\/span><\/span>and<\/span><\/span> that of the <\/span><\/span>three northeastern provinces<\/span><\/span> including<\/span><\/span> Liaoning, Jilin and Heilongjiang <\/span><\/span>registered<\/span><\/span> rapid growth.<\/span><\/span><\/p>\n \n In addition, Gao introduced that the number of China<\/span><\/span>\u2019<\/span><\/span>s newly established enterprises experienced huge increase during the period, with actual use of foreign capital <\/span><\/span>remaining<\/span><\/span>stable.<\/span><\/span><\/p>\n \n From January to August, 41,331 new foreign-invested enterprises were <\/span><\/span>set up<\/span><\/span> in China, up 102.7 percent year-on-year. The<\/span><\/span> utilized foreign investment <\/span><\/span>hit<\/span><\/span>\u00a0<\/span><\/span>560.43 billion yuan, growing 2.3 percent<\/span><\/span> from a year ago.<\/span><\/span><\/p>\n \n In August<\/span><\/span> alone<\/span><\/span>, 6,092 foreign-invested enterprises were established in China, 126.8 percent more than those in the same period of 2017, noted the spokesman. <\/span><\/span>T<\/span><\/span>he <\/span><\/span>paid-in value of <\/span><\/span>foreign direct investment reached 63.72 billion yuan, a year-on-year growth of 1.9 percent.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":" By Wang Ke from People\u2019s Daily...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-10250","post","type-post","status-publish","format-standard","hentry","category-china"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/10250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10250"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/10250\/revisions"}],"predecessor-version":[{"id":10251,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/10250\/revisions\/10251"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}