China's overseas investment exceeds 50 bln USD in 2008

 
According to the preliminary statistics from China's Ministry of Commerce and State Administration of Foreign Exchange, China made 52.15 billion USD of direct overseas investment, nearly double that of 2007.

Non-financial direct investment stands at 40.65 billion USD of the total, taking 78%; and the other 11.5 billion USD belongs to financial direct investment, taking 22% of the total overseas direct investment.

China made 26.51 billion USD of direct investment on the overseas market in 2007, which represented a growth of 25.3 percent over 2006.

By People's Daily Online