China’s Direct Investment in CEEC Rises 90% in First Four Months of 2019
In January-April 2019, the domestic investors’ non-financial FDI in 2,608 overseas enterprises in 148 countries and regions amounted to 233.41 billion yuan (equivalent to US$34.64 billion), up 3.3% year on year. spokesman of China’s Ministry of Commerce, said on May 16th.
The investment in the countries along the Belt and Road routes and the cooperation with them were promoted steadily. The structure of outward investment continued to be optimized and diversified. In the first four months this year, China’s investment in Asia, Europe, North America and Africa increased by 9.5%, 8.1%, 8.3% and 40.2% respectively, of which direct investment in 16 countries in Central and Eastern Europe increased by 88.8%. The outward investment mainly flew to the leasing and commercial service industry, the manufacturing industry, the information transmission/software and information technology service industry, the wholesale and retail industry, and the construction industry, taking up 25.8%, 19.7%, 11.6%, 8.6% and 7.9% respectively. The outward direct investment flowing to the information transmission/software and information technology service industry, the construction industry and the manufacturing industry increased by 74.3%, 44.7% and 18% respectively. There were no new outward investment projects in the real estate industry, and the sports industry and the entertainment industry
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