2011 is the first year of “the twelfth Five-Year Plan”. China's investment and cooperation overseas developed steadily, and scale and economic benefits further enhanced.

Investment and cooperation overseas developed by leaps and bounds.

China has actively implemented the strategy of "going global” over these years, which made increasing contributions to investment and cooperation overseas and national economic and social development. There are significant features as follow:

First, the rapid development of its scale and speed, and quality and economic benefit has continued to improve. More than 13,000 Chinese investors have established 16,000 business overseas, with a total stock of direct investment of $317.2 billion and a total turnover of $435.6 billion in contracted project. labor service personnel dispatched totaled $543.5 million and assets overseas amounted to $1.5 trillion. During the eleventh “Five-Year Plan” period, the average annual growth rate of the business of investment and cooperation were more than 30%.

From January to November, China’s non-financial foreign direct invest reached $ 50 billion, the turnover of foreign contracted projects was $ 86.3 billion, new signed contracts amounted to $114.1 billion, and total labor service personnel dispatched reached 395 thousand. It is estimated that foreign investment and cooperation will continue to grow in the year of 2011.

Second, the distribution of overseas markets of China's foreign investment and cooperation increasingly diversified and China has made new progress in developing markets of developed countries. Enterprises implemented mergers and acquisitions cross-border frequently. By foreign industrial parks and other forms of cluster-type, the strategy of “going global” has been in a good try. Structure mix of foreign contracted projects was further optimized as well as the capacity of project finance and quality management was enhanced. The "going out" in local areas and the enthusiasm for work has been enhanced, supporting efforts increased and regional development is more balanced. The assets and income of China’s enterprises overseas expanded.

The implementation of the strategy of “going global” improved domestic economy and social development, partly eased the inefficiency of domestic resources and market saturation, and effectively stimulated import and export. Meanwhile, enterprises overseas carried out territorial management and fulfilled their social responsibilities, which effectively promoted the host country's economic and social development, and achieved mutual benefit and win-win.

China's foreign investment and cooperation is rapidly developing. General speaking, it is still in its infancy. We must have a clear understanding that there is a big gap between current situation of our enterprises’ “going global” and the demands asked by China’s economic development and opening- up. Compared with foreign trade and attracting foreign investment, the scale of “going global” is not so large, and international market share is still very low. Until the end of 2010, the stock of foreign direct investment in China accounted for only 1.6% of the global stock.

(All information published on this website is authentic in Chinese. English is provided for reference only.)