23 February 2023, Thursday, 05:38
China's outbound direct investment up 5.2 pct in 2022
Rizhao Port in operation in Rizhao, east China's Shandong Province. Photo by Xinhua/Guo Xulei.
China's outbound direct investment (ODI) grew steadily last year, rising by 5.2% year on year to ¥985.37 bln, the Ministry of Commerce said. This was reported by The Xinhua News Agency.
In U.S. dollar terms, the period's ODI rose 0.9% from a year ago to $146.5 bln, according to the ministry.