According to statistics of the Ministry of Commerce and the State Administration of Foreign Exchange, from January to June 2024, China’s all-sector overseas direct investment was RMB606.07 billion, up 16.1 percent (USD85.3 billion, up 13.2 percent) year on year. Specifically, China’s non-financial direct investment in 5,532 overseas businesses from 152 countries and regions amounted to RMB515.97 billion, up 19.5 percent (USD72.62 billion, up 16.6 percent) year on year.