China s diversified outbound direct investment portfolio, especially in sectors like healthcare, scientific research and technical services, will help ease COVID-19 pressures for more countries and regions and revitalize the global economy, experts said on Thursday.
China s diversified outbound direct investment portfolio, especially in sectors like healthcare, scientific research and technical services, will help ease COVID-19 pressures for more countries and regions and revitalize the global economy, experts said on Thursday.
The comments came after the Ministry of Commerce said that China s ODI grew by 11.4 percent on a yearly basis to $43.9 billion during the first four months of the year, while the total contract value of Chinese companies newly-signed overseas projects reached 463.93 billion yuan ($72.74 billion), up 1.2 percent on a yearly basis, during the same period.
In addition to investing in traditional sectors, such as manufacturing, agriculture and infrastructure projects, in overseas markets, China s ODI in scientific research and technical services, transportation, residential services, healthcare and other areas increased during the four-month period, said Gao Feng, a spokesman for the ministry.