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BEIJING, Jan. 21 (Xinhua) Former U.S. Secretary of State Mike Pompeo on Tuesday made an announcement in the name of U.S. Department of State, once again mali
Nonfinancial ODI in BRI nations up 18.3% By LIU ZHIHUA | China Daily | Updated: 2021-01-22 08:57 Share CLOSE Local people celebrate the completion of a container port, which is built by China Harbor Engineering Co, in Namibia s Walvis Bay in Aug, 2019. [Photo/Xinhua]
Faster growth seen in sectors like tech, scientific research services and leasing
China s nonfinancial outbound direct investment in 58 countries participating in the Belt and Road Initiative rose 18.3 percent to $17.79 billion in 2020 despite the 0.4 percent fall in the overall nonfinancial ODI to $110.15 billion, the Ministry of Commerce said on Thursday.
Nonfinancial ODI into the BRI-involved economies accounted for 16.2 percent of the total nonfinancial ODI in 2020, up 2.6 percentage points from a year earlier, said Gao Feng, a spokesman for the ministry.