China sees uptick in ODI to US and Europe (3)

In order to facilitate the countries' overseas investment, the Chinese Academy of International Trade and Economic Cooperation and Investment Promotion Agency of the Ministry of Commerce have been working on an "Investment Guide to Foreign Countries" since 2009.

Introducing the investing environment to 165 countries and regions in the world, the guide, published on Friday, aims to help Chinese investors become familiar with conditions in host countries and push forward the quality of China's outbound investment.

The report delivered to the 18th National Congress of the Communist Party of China clearly stated that the government encourages Chinese investors to go abroad, a way that companies can strengthen their operating capabilities in the international market and make themselves into top-ranking multinational companies globally.