In January-June 2019, Chinese domestic investors made non-financial direct investment in 3582 overseas enterprises in 151 countries and regions, with an accumulative investment of 346.8 billion yuan, up 0.1% year on year. The outward direct investment in June reached 63.73 billion yuan, up 6.3% year on year. In January-June 2019, the turnover of the accomplished contractual projects overseas amounted to 476.49 billion yuan, up 2.8% year on year and the total contractual value of the newly-signed projects was 718.22 billion yuan, up 5.6% year on year. The number of all kinds of laborers dispatched overseas for cooperation projects reached 235,000, increasing by 17,000 over the same period of last year. At the end of June, the number of all kinds of laborers overseas was 980,000.

In the first half of 2019, the outward investment and cooperation maintained healthy and orderly development, mainly presenting the following features:

First, investment and cooperation with countries along the Belt and Road routes were actively advanced. In January-June, Chinese enterprises made additional investment of US$6.8 billion in 51 countries along the Belt and Road routes, accounting for 12.6% of the total amount of the same period. The contractual value of the newly-signed projects in the countries along the Belt and Road routes was US$63.64 billion, accounting for 60.1% of the total value of the same period; the turnover of the accomplished projects was US$ 38.59 billion, taking up 54.9% of the total amount of the same period.

Second, cross-border mergers and acquisitions developed steadily. In January-June, Chinese enterprises implemented and accomplished 161 M&A projects overseas, covering 42 countries and regions like Finland, France and Peru and involving 15 industries including manufacturing industry and information transmission/software and information technology services industry. The actual transaction volume was US$16.95 billion, with the direct investment reaching US$9.22 billion.

Third, the structure of outward investment continued to be diversified. In January-June, outward investment mainly flew to leasing and commercial service industry, manufacturing industry, wholesale and retail industry, mining industry and information transmission/software and information technology services industry, taking up 30.3%, 18%, 9.5%, 8.4% and 8.1% respectively. The outward direct investment flowing to the manufacturing industry and the information transmission/software and information technology services industry increased by 7.3% and 31.7%. There were no new outward investment projects in the real estate industry, and sports and entertainment industry.

Fourth, there were many big contractual projects overseas, driving local development and realizing mutual benefits and win-win. In January-June, there were 389 newly signed contracted projects overseas reaching the contractual value of over US$50 million, increasing by 33 over the same period of time last year and accounting for 83.8% of the total value of the newly signed contracts. The turnover of contracted projects overseas was mainly concentrated in power engineering construction, transportation construction and general construction, jointly accounting for 70% and effectively improving the infrastructure conditions of host countries.

In January-June, the relevant departments handled 2440 newly established and M&A outward investment enterprises, and China’s contractual investment reached US$49.5 billion. Among these, there were 2431 newly established and M&A non-financial outward investment enterprises, and China’s contractual investment reached US$48.59 billion. There were 9 newly established and M&A financial outward investment enterprises and China’s contractual investment reached US$910 million. The relevant departments handled 613 capital increasing outward investment enterprises, and China’s contractual investment reached US$14.01 billion. Among these, there were 603 capital increasing non-financial outward investment enterprises, and China’s contractual investment reached US$12.21 billion. There were 10 capital increasing financial outward investment enterprises, and China’s contractual investment reached US$1.8 billion.