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    China's Outbound Investment Increases by 53.7% in 2016 Year-on-Year

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    Foreign non-financial investment of the Chinese companies rose significantly this year in comparшson with the last year.

    BEIJING (Sputnik) — Foreign non-financial investment of the Chinese companies rose by 53.7 percent during the first nine months of this year against January-September 2015, the country's Ministry of Commerce said on Tuesday.

    ​China's investments reached 882.78 billion yuans ($134.2 billion) in the January-September period, Shen Danyang, a spokesman for the ministry, told a press briefing.

    In September alone, the volume of Chinese investments abroad amounted to 106.29 billion yuan, up by 56.9 percent compared to the same month last year.

    In 2015, Chinese non-financial direct investment abroad amounted to $118 billion, which is 14.7 percent more than in 2014.

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