According to the statistics by the Ministry of Commerce and State Administration of Foreign Exchange, in 2019, China’s outbound direct investment across all sectors amounted to 807.95 billion yuan, going down 6% year on year (equivalent to US$117.12 billion, down 9.8% year on year), of which China’s non-financial direct investment in 6,535 overseas enterprises of 167 countries and regions reached 762.97 billion yuan, down 4.3% year on year (equivalent to US$110.6 billion, down 8.2% year on year).