China'S External Investment Keeps Growing In The First 4 Months

According to the data released by the Ministry of Commerce recently, in 1-4 months, investors in China made non-financial direct investment in 3084 overseas enterprises in 155 countries and regions, with a total investment of 235 billion 80 million yuan, an increase of 0.7% over the same period last year.

The director of the cooperation division of the Ministry of Commerce said that in 1-4 months, the new contract amount for foreign contracted projects was 458 billion 540 million yuan, up 2.1% over the same period last year. Foreign labor cooperation sent 82 thousand types of labor force, and 4 workers were outside the country at the end of 4. In the first 4 months, China's foreign investment cooperation mainly presented the following characteristics:

Investment in "one belt and one road" has kept growing. In 1-4 months, Chinese enterprises' direct investment in 53 countries was 5 billion 230 million US dollars along the "one belt and one road", an increase of 13.4% over the same period last year, accounting for 15.6% of the total investment in the same period, a 2.3 percentage point increase over the previous year. Among them, direct investment in ASEAN non-financial sector amounted to US $3 billion 940 million, an increase of 43.3% over the same period last year.

The structure of foreign investment continues to be diversified. In the 1-4 month, foreign direct investment mainly went to the areas of leasing and business services, wholesale and retail, manufacturing and other fields, accounting for 37.4%, 17.4% and 13.8% respectively. Leasing and business services, wholesale and retail investment increased by 40.4% and 96%, respectively, and manufacturing investment decreased by 32% compared to the same period last year. Over the same period, investment in scientific research and technology services, agriculture, forestry, animal husbandry and fishery increased by 69.6% and 50% respectively over the same period.

There are many new signing projects for foreign contracted projects. In 1-4 months, 230 new contracts with a total value of more than 50 million dollars, totaling 53 billion 800 million dollars, accounted for 82.2% of the total amount of new contracts. Among them, there were 140 hundred million dollar projects, an increase of 9 over last year.

Some sectors of foreign contracted projects are in good shape. In 1-4 months, the number of new contracts for general construction, industrial construction and water conservancy projects increased rapidly. Among them, the total amount of new contracts for general construction was 14 billion 320 million US dollars, an increase of 44.8% over the same period last year. The number of new industrial construction contracts reached US $3 billion 120 million, an increase of 30.5% over the same period last year. The newly signed contracts for the construction of water conservancy projects amounted to US $2 billion 400 million, an increase of 83.2% over the same period last year.