More Chinese Investment Abroad

2004/08/26

China's Ministry of Commerce reports that overseas direct investment by Chinese enterprises totaled nearly US$3 billion last year, up 5.5 percent over the previous year.
The majority of the investments were in Hong Kong, the United States, Japan and other Asian countries, in retail and wholesale manufacturing, business services and architecture.
This is the first time the Chinese government has issued a report on the country's overseas direct investment.



	Article featured in Business Beijing, September 2004 Publication sponsored by Information Office of the Beijing Municipal Government, Beijing Municipal Bureau of Commerce, Development & Reform Commission of Beijing Municipality, China Council for the Promotion of International Trade (Beijing Sub-Council)