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China's outward investment seen hitting 1.12t yuan in 2016

FDI into country will total 785b yuan, adds commerce minister

Published Mon, Dec 26, 2016 · 09:50 PM
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Beijing

CHINA'S non-financial outbound direct investment (ODI) is likely to hit 1.12 trillion yuan (S$233.29 billion) in 2016 and foreign direct investment (FDI) into China will total 785 billion yuan, Commerce Minister Gao Hucheng said on Monday.

The government will "promote the healthy and orderly development of outbound investment and cooperation" in 2017, Mr Gao said in remarks at a conference that were published on the ministry's website.

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