China's non-financial ODI up 26.6% in Jan-April

BEIJING - China's non-financial outbound direct investment (ODI) rose 26.6 percent year-on-year to 289.29 billion yuan in the first four months of the year, official data showed Monday.

In US dollar terms, the ODI stood at $42.19 billion in the period, up 17.6 percent from a year earlier, according to the Ministry of Commerce.

The non-financial ODI in countries along the Belt and Road came in at $7.53 billion, up 9 percent year-on-year.

The turnover of contracted projects overseas grew 10.6 percent year-on-year to 287.99 billion yuan, while the contract value of newly-signed projects amounted to 406.47 billion yuan, up 2 percent from a year earlier.