日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / English Column / Business (new) / More News Tools: Save | Print | E-mail | Most Read
Outbound Investment Soars in 2005
Adjust font size:

China's outbound investment totaled US$5.65 billion in the first 11 months of this year, indicating the country is intensifying its role as a global investor for the second year.

 

The number was three times the investment made last year from January to November. But due to PC maker Lenovo's acquisition of IBM last December, the total outbound investment for 2004 leapt to US$5.5 billion, jumping 93 percent from the year before.

 

A statement released yesterday by the Ministry of Commerce reported China, long a hot-spot for global investment, is emerging as a global investor itself.

 

Although the outbound investment is still small compared to the country's inward foreign direct investment (FDI) of US$53 billion, China is steadily increasing its investment in the world, the official said.

 

The information and telecoms industries, mining and manufacturing sectors attracted the most investment from Chinese companies, with combined investment totaling 90 percent of the January to November figure.

 

Asia remains the largest destination for Chinese investment, accounting for two-thirds of the investment in the first 11 months of 2005.

 

But investment in North America, Africa and Oceania are increasing quickly, with all destinations registering a year-on-year growth of more than 80 percent.

 

Investment cases with a US$10 million value represent more than 60 percent of the total outbound investment from January to November.

 

In fact, compared with small and medium-sized counterparts, large-scale Chinese companies are showing a stronger intention to start or increase overseas investments in the future, according to an earlier survey by the China Council for the Promotion of International Trade (CCPIT).

 

About 23 percent of surveyed companies intend to increase outward investment, either substantially or moderately, within the next 12 months.

 

The survey revealed this figure will increase to over 40 percent in two to five years.

 

Sun Bosheng, a foreign investment researcher from the Chinese Academy of International Trade and Economic Cooperation, said the Chinese Government is strengthening its guidance on outward investment.

 

It is simplifying application procedures and improving its services for outward investment information, Sun said.

 

The Ministry of Commerce set up a reporting mechanism on companies' overseas mergers and acquisitions in May to offer more assistance.

 

Once informed of merger intentions, the ministry provides information including the policies, regulations and investment environment of the target countries.

 

Meanwhile, according to the Ministry of Commerce, Chinese contractors signed more than US$25 billion worth of overseas projects from January to November, a 20 percent increase from last year.

 

(China Daily December 27, 2005)

 

Tools: Save | Print | E-mail | Most Read

Related Stories
Sinosure Releases Sovereign Risk Report
Investment Problems Reporting Mechanism Set up
Outbound Investment Increasing
?
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號(hào)
主站蜘蛛池模板: 贞丰县| 买车| 峡江县| 锡林郭勒盟| 孝感市| 彭水| 明溪县| 若尔盖县| 东台市| 竹溪县| 云梦县| 迁安市| 浦北县| 连江县| 宝坻区| 乃东县| 牙克石市| 仁寿县| 江孜县| 乐业县| 环江| 寻甸| 榕江县| 肇州县| 柳河县| 沿河| 敦化市| 本溪| 高台县| 罗江县| 政和县| 喀喇沁旗| 宿州市| 衡阳县| 青岛市| 米脂县| 永宁县| 辽宁省| 桑日县| 厦门市| 巨鹿县|