Chinadaily.com.cn
     
    Go Adv Search

    Outbound investment rises

    Updated: 2012-04-18 10:03

    By Ding Qingfen (China Daily)

      Comments() Print Mail Large Medium  Small 分享按鈕 0

    Outbound investment rises
     
    Workers assemble wheel hubs at a plant in Hung Yen province in Vietnam. The plant has received investment from the Chinese motorcycle and automobile maker Lifan Group Corp. China's outbound direct investment in non-financial sectors increased by 94.5 percent year-on-year in the first quarter of the year, hitting $16.55 billion. [Photo/Xinhua] 

    Figure jumps 94.5% as world opens arms to Chinese capital

    Chinese outbound direct investment in the non-financial sectors almost doubled in the first quarter from a year earlier as Chinese companies were encouraged to invest abroad and opportunities arose from European debt troubles and the global financial crisis.

    The fast pace of growth will continue in the coming months of the year, although it may not be as quick as what was seen in the first quarter, said Shen Danyang, spokesman for the Ministry of Commerce.

    Shen said many developed and developing nations are searching the world for capital that can be used to spur their economies and, as a result, are welcoming investment from China.

    At the same time, policy restrictions introduced by the Chinese government in 2011 will make State-owned enterprises more cautious about investing abroad this year, Shen said.

    China's outbound investment in non-financial sectors increased by 94.5 percent in the first quarter from a year earlier, rising to $16.55 billion, the ministry said on Tuesday at a media briefing, without disclosing figures for particular regions.

    Outbound investment rises

    Of all Chinese outbound direct investment in the first quarter of 2012, about 40 percent, worth about $6.2 billion, went into mergers and acquisitions.

    "China's outbound direct investment may continue to increase rapidly this year," Shen said. "But we probably cannot expect to see growth that is as high as 100 percent, as we saw in the first quarter, be sustained."

    China makes the fifth largest amount of outbound direct investment of any country in the world. By the end of March, its accumulated outbound direct investments in non-financial sectors had totaled $338.5 billion. Last year saw such investments increase by 1.8 percent year-on-year to reach $60 billion.

    Although Europe has expressed a commitment to deal with its debt troubles, the world economy is still contending with great difficulties. Meanwhile, the United States, Japan, the European Union and other developed countries and regions "are still in trouble, and are not very willing to invest abroad", Shen said.

    At the same time, developed and developing countries are welcoming Chinese investment.

    During a recent visit to China, Italian Prime Minister Mario Monti expressed gratitude for Chinese investment. He said he expects the influx of money will spur economic growth in his country, which is perhaps being stymied by recently adopted austerity measures.

    Besides Italy, the leaders of other European nations, including Germany and France, have said they will welcome more investment from China.

    In January, Sany Heavy Industry Co Ltd announced plans to pay 324 million euros ($426 million) for 90 percent of Putzmeister, the largest maker of concrete pumps in Germany.

    "Chinese companies are more motivated to invest abroad, while their profits are getting thinner and thinner amid rising labor and operational costs in the local market," Shen said.

    China's 12th Five-Year Plan (2011-15) calls for the country to encourage domestic companies to invest overseas, as well as for foreign companies to invest in China.

    China has been a target of trade protectionism for years and this situation has intensified recently, Shen said. That has driven Chinese companies to try to avoid trade disputes by investing and opening factories abroad.

    In 2011, 69 trade remedy cases were filed in response to complaints about Chinese exports, which were valued at $5.9 billion. Various trade barriers, some of them dealing with product safety and environmental protection, were also aimed at Chinese goods.

    China has established various funds to help its companies invest overseas. They include the China-Africa Development Fund and the China-ASEAN fund. State-owned banks have provided them with some of their capital.

    And reports have said that a fund will be established to help Chinese companies invest in Latin America. The fund is due to begin operating this year.

    By the end of March, 809,000 Chinese were working overseas under contracts, up by 40,000 from the same period last year.

    Xinhua contributed to this story.

    dingqingfen@chinadaily.com.cn

     

    少妇人妻偷人精品无码视频新浪| 蜜桃臀无码内射一区二区三区| 日韩人妻无码一区二区三区久久 | 亚洲日韩VA无码中文字幕| 狠狠躁狠狠躁东京热无码专区 | 精品无码一区二区三区电影| 亚洲av午夜国产精品无码中文字| 亚洲AV无码一区二区乱孑伦AS| 欧美日韩国产中文精品字幕自在自线| 亚洲AV无码一区二区大桥未久| 无码人妻精品一区二区三区东京热| 日韩中文字幕在线不卡| 中文国产成人精品久久不卡| 国产亚洲精品无码专区| 色AV永久无码影院AV| 亚洲av永久无码制服河南实里| 无码人妻精品一区二区三区蜜桃 | 亚洲欧美日韩中文字幕一区二区| 久久伊人亚洲AV无码网站| 国产乱人伦Av在线无码| 无码国内精品久久人妻| 国产aⅴ无码专区亚洲av麻豆| 中文字幕日本精品一区二区三区| 中文字幕av在线| 中文精品久久久久国产网址| 亚洲国产精品无码中文字| 中文字幕人妻色偷偷久久| 天天爽亚洲中文字幕| 亚洲无码精品浪潮| 亚洲男人第一无码aⅴ网站| 亚洲Av无码乱码在线znlu| 亚洲av无码成人精品国产| 天堂网www中文在线| 国产亚洲中文日本不卡二区| 中文字幕久久精品无码| 欧美中文在线视频| 亚洲日韩中文字幕日韩在线| 免费A级毛片无码无遮挡内射 | 野花在线无码视频在线播放| 极品粉嫩嫩模大尺度无码视频| 丰满日韩放荡少妇无码视频|