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MOFCOM Department of Outward Investment and Economic Cooperation Comments on the Outward Investment and Cooperation Situation of China in January-September

In January-September 2016, China’s outward investment and cooperation maintained a good development trend. Chinese domestic investors carried out the non-financial direct investment in 6,535 outward enterprises in 160 countries and regions, with an accumulative investment of RMB$ 882.78billion (US$ 134.22 billion), up 53.7% year on year. The contract value of newly signed foreign contract projects was RMB 972.29 billion (US$ 147.83 billion), up 7.4% year on year. By the end of September, there were 982,000 Chinese labors overseas.

The official introduced that, China’s outward investment and cooperation presented the following features in January-September:

1. The scale of outward investment continued to expand. In January-September, China's non-financial foreign direct investment reached US$ 134.22 billion, with an increase of 53.7%. Compared with last year’s US$ 121.42 billion, there are US$ 12.8 billion added, and US$ 39.13 billion higher than the total assimilation of foreign investment in the same period (US$ 95.09 billion). A rapid growth is the main theme of China’s outward investment.

2. Newly-signed contractual projects increased, and its share in the relevant countries along the line of "Belt and Road" was high. In January-September, 512 foreign contractual projects were newly signed with a contract volume over US$ 50 million, 33 more than that in the same period last year. The accumulated contract volume was US$ 124.74 billion, accounting for 84.4% of the total newly-signed contracts. Among these, the Chinese enterprises newly signed almost 4,191 foreign contractual projects in 61 relevant countries along the line of the "Belt and Road", with a contractual value of US$ 74.56 billion, accounting for 50.4% of the total newly signed contractual value of China's foreign contractual projects in the same period.

3. Outward investment and M & A was active with its fields expanding continuously. In January-September, the Chinese enterprises carried out 521 overseas M & A with the actual transaction volume US$ 67.44 billion, covering 18 industrial categories in 67 countries and regions. It has exceeded the total M & A value of the whole 2015 (US$ 54.44 billion). In terms of the related countries (regions), the U.S. boasted US$ 16.24 billion, the biggest transaction volume of M & A conducted by Chinese enterprises, covering 119 M & A projects; the second was Cayman Islands with US$ 15.71 billion; the third was Hong Kong, China with US$ 9.32 billion. In terms of the industrial distribution, there were 133 M & A projects related to manufacturing, with a volume of US$ 16.1 billion; 81 projects were related to information transmission, software and information technology service, with a volume of US$ 15.48 billion; in terms of the enterprises, the transaction volume of local enterprises accounted for 86.6%.

4. Overseas trade and economic cooperation zones were steadily promoted. By the end of September, 77 cooperation zones under construction established by Chinese enterprises in 36 countries began to take shape, with a combined investment of US$23.39 billion. 1,467 enterprises have settled in, with a total output value of US$66.51 billion. US$2.53 billion tax was turned over to the host country and 197,000 local jobs were created. Among these, the total investment of 56 cooperation zones under construction in 20 countries along the “belt and road” reached US$17.9 billion. 1,045 enterprises were settled in, with a total output value of US$47.54 billion. US$960 million tax was turned over to the host country and 163,000 local jobs were created.