Focus on Arts and Ecology

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China's outbound investment rises in 2020, but non-financial ODI dips

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January 22, 2021

China's outbound direct investment (ODI) posted a year-on-year increase of 3.3 percent in 2020, reaching $132.9 billion, but non-financial ODI dipped by 0.4 percent to hit $110.2 billion, said Gao Feng, a spokesperson for China's Ministry of Commerce, at a press conference on Thursday.

Gao also said that 2020 witnessed increased cooperation between China and the countries participating in the Belt and Road Initiative (BRI) as non-financial ODI in 58 BRI countries reached $17.8 billion, climbing 18.3 percent from the 2019 figure. In addition, the shares of non-financial ODI in BRI countries in total ODI value climbed by 2.6 percentage point to 16.2 percent.

(Sources: The China Report)

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