China Daily Global / 2021-01 / 26 / Page003
China becomes the largest FDI recipient in 2020 By LIU ZHIHUA in Beijing and HENG WEILI in New York | China Daily Global | Updated: 2021-01-26 00:00 Effective pandemic control, bright economic outlook were listed as reasons for its growth China had overtaken the United States by becoming the world s largest recipient of foreign direct investment last year, according to a UN report. Analysts and business executives said that this proved once again China s continuously improving business environment and the great resilience of the country s economy despite the impact of the pandemic. They said China s effective control of COVID-19, followed by the quick economic recovery, as well as its bright economic outlook and improvement in the business environment, were the main reasons for the FDI growth last year.
By LIU ZHIHUA in Beijing and HENG WEILI in New York | China Daily | Updated: 2021-01-26 06:45 Share CLOSE An employee assembles a wire harness at the workshop of Draexlmaier (Anshan) Wire Harness System Co in Anshan, Liaoning province, in April. The plant is one of five in China operated by Germany-based Draexlmaier Group. YAO JIANFENG/XINHUA
China became the world s largest recipient of foreign direct investment in 2020, followed by the United States, according to a UN report.
Analysts and business executives said that proved once again China s continuously improving business environment and the great resilience of the country s economy despite the impact of the COVID-19 pandemic.
Nonfinancial ODI in BRI nations up 18.3% By LIU ZHIHUA | China Daily | Updated: 2021-01-22 08:57 Share CLOSE Local people celebrate the completion of a container port, which is built by China Harbor Engineering Co, in Namibia s Walvis Bay in Aug, 2019. [Photo/Xinhua]
Faster growth seen in sectors like tech, scientific research services and leasing
China s nonfinancial outbound direct investment in 58 countries participating in the Belt and Road Initiative rose 18.3 percent to $17.79 billion in 2020 despite the 0.4 percent fall in the overall nonfinancial ODI to $110.15 billion, the Ministry of Commerce said on Thursday.
Nonfinancial ODI into the BRI-involved economies accounted for 16.2 percent of the total nonfinancial ODI in 2020, up 2.6 percentage points from a year earlier, said Gao Feng, a spokesman for the ministry.
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Local people celebrate the completion of a container port, which is built by China Harbor Engineering Co, in Namibia s Walvis Bay in Aug, 2019. -Photo/Xinhua
BEIJING, Jan 22 (China Daily/ANN): China s nonfinancial outbound direct investment in 58 countries participating in the Belt and Road Initiative rose 18.3 percent to $17.79 billion in 2020 despite the 0.4 percent fall in the overall nonfinancial ODI to $110.15 billion, the Ministry of Commerce said on Thursday.
Nonfinancial ODI into the BRI-involved economies accounted for 16.2 percent of the total nonfinancial ODI in 2020, up 2.6 percentage points from a year earlier, said Gao Feng, a spokesman for the ministry.
Contracts for new projects in the BRI-related economies amounted to $141.46 billion, accounting for 55.4 percent of the total amount last year.
Lee Tae-gon plays the role of Shin Yoo-shin who is the director of a hospital’s neuropsychiatry department married to Sa Pi Young played by Park Joo-mi. The critically acclaimed K-drama actor Tae-gon has acted in over 10 television series and won the 2011 KBS drama Excellence Award for his spectacular role in ‘King Gwanggaeto the Great’ among others.
Park Joo-mi
Park Joo-mi plays the role of Sa Pi Young, a radio show producer married to Shin Yoo Shin played by Lee Tae Gon who is the director of a hospital’s neuropsychiatry department. The 48-year-old veteran actress debuted in the acting industry in 1991 and has starred in over 27 television series including ‘Gangnam Beauty’, ‘The Flower in Prison’, ‘Blood’ and more.