China's Outbound Investment Up 21.62


(MENAFN- Qatar News Agency) Beijing October 16 (QNA) - Chinese companies posted a year-on-year growth of 21.6% in their investment overseas during the first nine months of the year accelerating from the 15.3% rise recorded in the January-August period official data showed Thursday.



China's outbound direct investment (ODI) by non-financial firms reached 74.96 billion US dollars in the first nine month up 21.6% from one year earlier the Ministry of Commerce said.



In September alone the ODI surged 90.5% from one year earlier to 9.79 billion US dollars China's News Agency (Xinhua) reported. (QNA)


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