China Nov non-financial outbound direct investment rises 12.6% on year

DEC 17, 201510:37 AM

[BEIJING] China's non-financial outbound direct investment (ODI) in November rose 12.6 per cent from a year earlier to US$8.92 billion, the Ministry of Commerce said on Thursday.

ODI surged to US$7.91 billion in October, up 14.3 per cent compared with the same period the previous year.

Last week, the Commerce Ministry said China attracted 704.33 billion yuan, which they said was the equivalent of US$114 billion, in foreign direct investment (FDI) in the first 11 months of 2015, up 7.9 per cent from a year earlier.

REUTERS