www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Crisis creating ODI opportunities

Updated: 2011-09-07 07:16

By Ding Qingfen (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

Countries 'more receptive' to investment amid global downturn

XIAMEN, Fujian - The global debt crisis presents opportunities for Chinese companies planning to invest overseas amid enticing prospects for outbound direct investment (ODI), the Ministry of Commerce said on Tuesday.

Crisis creating ODI opportunities

Attendants Huang Tingting (right) and He Jiao share a light-hearted moment on Tuesday ahead of the opening on Wednesday of the 15th China International Fair for Investment & Trade in Xiamen, Fujian province.[Photo/China Daily]

Recent figures would seem to contradict the ministry's optimism but changing global circumstances have actually made investing overseas easier, according to officials.

China's ODI for July fell 58 percent year-on-year to $3.7 billion, the first monthly decline this year, as investment into the US, the EU and Japan dropped, according to the ministry.

The global situation did hurt ODI, ministry spokesman Shen Danyang said prior to the opening of the 15th China International Fair for Investment & Trade.

But now is a "fairly good time" for Chinese companies to go overseas, he said.

The largest investment fair in China has attracted 636 international organizations and 482 heavyweight participants from foreign governments, companies and institutions.

The five-day fair officially opens on Wednesday in Xiamen, Fujian province.

"There is widespread enthusiasm over the fair An increasing number of countries welcome Chinese investment," Shen said.

From January to July, China's ODI in the non-financial sector increased just 3.3 percent year-on-year to $27.6 billion.

But Wang Shengwen, deputy director-general of the ministry's Department of Outward Investment and Economic Cooperation, said earlier that ODI this year would probably see "double-digit" growth.

"As a result of the debt crisis, restrictions on foreign investment will be reduced and more nations are becoming receptive to ODI," Wang said.

In 2010, China's investment into the EU more than doubled to $5.96 billion. Investment into the US surged 44 percent and ASEAN and Russia saw increases of about 60 percent. Japan recorded a massive jump in Chinese investment of 302 percent.

"Chinese investment into the EU will continue to grow rapidly in 2011," Shen said.

A report released by the ministry on Tuesday showed China leapfrogging Japan and the United Kingdom to be the fifth-largest overseas investor in 2010, with ODI increasing 21.7 percent to $68.8 billion last year.

By the end of 2010, China's total ODI was $317.2 billion, making it the 17th-largest global investor.

"China's ODI has witnessed rapid growth during the past three years," Shen said.

From 2008 to 2010, China's combined ODI was more than $180 billion.

The largest deal in 2010 was made by Sinochem. The State-owned energy and trading group invested $3.1 billion for a 40 percent stake in Peregrino offshore field near Rio de Janeiro from Norway's Statoil.

By 2010, the Asia-Pacific and Latin America were the top two destinations for China's ODI. Investment in the Asia-Pacific accounted for 71.9 percent, with Latin America accounting for 13.8 percent.

But the EU and Oceania witnessed the most rapid growth. By 2010, China's total investment into Oceania was $8.61 billion, a 13-fold increase from 2005.

Investment into Australia from January to July saw a huge leap of 102.5 percent.

"The US, the EU, Australia and emerging economies will be a priority for Chinese companies going overseas," Wang said.

By 2010, 88.3 percent of China's overseas investment, worth $280.2 billion, went into six major industries: commercial services, finance, retail, mining, transportation and manufacturing.

But China's ODI is still in a "fledgling state", Shen said.

主站蜘蛛池模板: 国产精品系列在线 | 久草在线网址 | 欧美成人3d动漫专区 | 最新毛片久热97免费精品视频 | 高清一区二区 | 美国一级毛片片aaa 美国一级毛片片aa成人 | 亚洲国产高清视频 | 久久欧美精品欧美九久欧美 | 伊人久久影视 | 美女视频永久黄网站在线观看 | 久久精品免费一区二区视 | 四色永久 | 亚洲成年www | 国产成人久久精品麻豆二区 | 亚洲va精品中文字幕动漫 | 免费国产成人高清在线看软件 | 日韩在线高清 | 在线观看免费av网 | 国产2区 | 久久国产亚洲精品 | 免费一级a毛片在线播 | 国产91页| 日本三级韩国三级在线观看a级 | 日产一一到六区网站免费 | 成人免费ā片 | 九九精品免视看国产成人 | 自拍小视频在线观看 | 国产成人毛片精品不卡在线 | 国产午夜精品理论片 | 国产欧美在线观看视频 | 亚洲1314 | 91久久99久91天天拍拍 | 在线高清一级欧美精品 | 久久在线观看免费视频 | 久久亚洲精品成人综合 | 9191精品国产观看 | 99久久国产综合精品国 | 欧美xxx精品 | 中文字幕在线免费观看视频 | 亚洲国产精久久久久久久春色 | 一区二区三区高清视频在线观看 |