Latest News:  
Beijing   Sunny    14 / 2   City Forecast

Home>>China Business

Investing overseas delivers dividends

(China Daily)

14:41, November 09, 2011

BEIJING, Nov. 9 (Xinhuanet) -- China's overseas investment has increased rapidly, despite the global economic outlook, helping recipient countries tackle unemployment.

Outbound investment for 2010 was $67.8 billion, up 21.7 percent from 2009, according to the State Administration of Foreign Exchange.

More than $300 billion was invested abroad by 2010, the fifth-largest foreign investment in the world, said Li Jiping, vice-president of China Development Bank, the leading financier of overseas investment.

Zhang Xiaoqiang, vice-minister of the National Development and Reform Commission, said rules are being drafted to regulate companies' foreign investment.

Financial support will be increased, and insurance firms will be more involved, to encourage companies to invest abroad, he said.

"While Chinese enterprises develop by investing in the international market, they also fulfill their social responsibilities and benefit local people, " Zhang said.

【1】 【2】


 
 
     
 
 
 
     
 
 
 
  We Recommend  
 
 
 
     
 
 

Email|Print|Comments(Editor:陈乐乐)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. President Hu casts ballot to elect new deputies for local people's congress

  2. Chinese Navy "Peace Ark" hospital ship arrives in Trinidad and Tobago

  3. China's gold output may exceed 350 tonnes this year

  4. Dredging eases clogged traffic in China's golden waterway

Most Popular

Opinions

  1. US must ease restrictions on exports to China
  2. No easy answers in Greek debt crisis
  3. House prices, pain and gain
  4. Why China gains big leap skyward
  5. Comment: Slight tweaks not a reversal
  6. China can learn from US big picture strategy
  7. What does space station mean for China?
  8. High-speed rail challenges China's vision
  9. Rethink China's nuke weapons strategy
  10. Housing policy unwavering

What's happening in China

Climate change threatens China's crops

  1. Construction site catches fire in Beijing
  2. Chinese eat Koalas? Nonsense!
  3. Green village to showcase sustainability
  4. Nine convicted for two roast duck scams
  5. 8 jailed for making fake sex pills

PD Online Data

  1. Lunar New Year´s Eve (I)
  2. Lunar New Year´s Eve (II)
  3. Little New Year (I)
  4. Little New Year (II)
  5. House Cleaning