China’s non-financial ODI increased by 26.6% from January to April

BEIJING, May 23 (Xinhua) — China’s non-financial outward direct investment (ODI) rose 26.6% year-on-year to 289.29 billion yuan in the first four months of this year, official data said. revealed on Monday.

According to the Department of Commerce, ODI for the same period was US$42.19 billion, up 17.6% from the same period last year.

Non-financial ODI in countries along the “One Belt, One Road” reached US$7.53 billion, up 9% year-on-year.

The sales of overseas contract projects increased by 10.6% year-on-year to RMB 287.99 billion, and the contract value of new contract projects increased by 2% to RMB 406.47 billion.