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China's outbound investment balance doubles in past five years

Updated: Jan 30, 2021 Xinhua Print
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An ocean shipping cargo ship unloads cargoes at the container terminal of the Port of Lianyungang, East China's Jiangsu province, on July 14, 2020. [Photo/Xinhua]

China's balance of outbound direct investment had exceeded $2.3 trillion by the end of 2020, double the figure from the end of 2015, data from the Ministry of Commerce showed.

In 2020, China's ODI remained relatively stable at $132.9 billion with an optimized structure, the ministry said during a press conference Friday.

China's non-financial direct investment in countries along the Belt and Road reached $17.79 billion last year, up 18.3 percent, the data showed.

Key industries including equipment manufacturing and information technology saw rapid increases in investment from China, MOC data showed.

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