Ministry predicts new surge in ODI

China.org.cn, January 5, 2012

The scale of accumulative outbound direct investment (ODI) for 2011-15 will reach the level of the nation's foreign direct investment (FDI), a statement from the Ministry of Commerce said Wednesday.

China's ODI from 2011 to 2015 is expected to register double-digit annual growth to reach US$560 billion.

The government will accelerate promoting "overseas investment" during the 12th Five-Year Plan (2011-15) period, according to the statement.

China's Jan.-Nov. ODI reaches US$50 bln

Xinhua, December 15, 2011

China's overseas direct investment (ODI) in non-financial sectors in 130 countries and regions reached 50.01 billion U.S. dollars in the first 11 months of this year, up 5.2 percent year-on-year, the Ministry of Commerce (MOC) announced Thursday.

The nation's cumulative ODI in non-financial sectors totaled 312 billion U.S. dollars as of the end of November, MOC Spokesman Shen Danyang said at a press conference held in Beijing.