FDI Flows From China Rose 1.1Pct in 2009

China’s outbound direct investment increased 1.1 percent in 2009, marking the eighth-straight-year growth.

China’s outbound direct investment increased 1.1 percent in 2009, marking the
eighth-straight-year growth, a governmental paper said Sunday.

Foreign direct investment from China in 2009 was 56.53 billion U.S. dollars,
up 1.1 percent from a year earlier, said the statement jointly released by the
Ministry of Commerce, the National Bureau of Statistics and the State
Administration of Foreign Exchange.

Companies from non-financial sectors in China invested 47.8 billion U.S.
dollars overseas last year, a gain of 14.2 percent, accounting for 84.5 percent
of the total. Meanwhile overseas direct investment from financial sectors
declined 37.9 percent to 8.73 billion U.S. dollars, the statement said.

“China’s outbound foreign direct investment has increased for eight
consecutive months with an annual growth of 54 percent,” Shen Danyang, Vice
Director of the ministry office told a press conference in Xiamen.

When questioned about this year’s overseas FDI, Shen said China also saw a
faster-than-average growth in the first half of the year on global basis.

China’s outward foreign direct investment contributed 5.1 percent of 1.1
trillion U.S. dollars of the global outward FDI in 2009, ranking the fifth,
according to a report released by the United Nations Conference on Trade and
Development.

More than 12,000 companies from China had established 13,000 branches in 177
countries or regions by the end of 2009, and total overseas direct investment
hit 245.8 billion U.S. dollars, the government paper said.

Most of the investments focused in Asia, Europe and Africa, Shen Said, noting
that investments in Europe, North America and Latin America had more than
doubled in 2009 that the previous year.