(MENAFN- QNA) China's outbound direct investment (ODI) reached a record high of 108 billion US dollars in 2013, making it the world's third largest investor for the second year.
The amount is 22.8% up on the previous year, in contrast to the 1.4% gain in global outbound investment, according to a report released by the Ministry of Commerce (MOC), National Bureau of Statistics and State Administration of Foreign Exchange.
The figures were released at the 18th China International Fair for Investment and Trade, sponsored by the MOC, in the coastal city of Xiamen in east China's Fujian Province.
At the end of 2013, the accumulated ODI by Chinese companies stood at 660 billion U.S. dollars, ranking China 11th in the world. Chinese investors have established about 25,400 overseas enterprises in 184 countries and regions.
Meanwhile Hong Kong stocks moved down 453. 82 points, or 1.8% to close Wednesday's morning session at 24,736.63 points
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