China's non-financial ODI up 12.4 pct in first eight months

China's non-financial outbound direct investment (ODI) increased 12.4 percent year on year to 94.09 billion U.S. dollars in the first eight months of the year, data from the Ministry of Commerce showed.

This was reported by The Xinhua News Agency.

During the same period, the turnover of contracted overseas projects by Chinese companies amounted to 97.34 billion U.S. dollars, an increase of 5 percent, and the value of newly signed contracts rose 21.1 percent to 149.5 billion U.S. dollars.