Business

The structure of Chinese investment overseas continues to be better

According to figures released by the Chinese Ministry of Commerce on 16th July, China's investment abroad in January-June this year was 3 trillion 46 billion and 80 million yuan, an increase of 0.1 percent compared to the same period of 2018. According to the Chinese Ministry of Commerce's Ministry, China's investment and cooperation in the coastal countries of Belt and Road are actively moving forward. 

Han Yong, deputy head of the Department of Commerce, said that in the first half of this year, steady growth of China's investment and cooperation continued to grow, and the investment structure abroad continued to improve. China's foreign investment is mainly done in leasing, commercial services industry, manufacturing industry, wholesale and retail trade, mining industry, information broadcasting and software and information technology services industry. Compared to similar times of the previous year, the growth of investment in the manufacturing industry, information broadcasting and software and information technology services industry is 7.3 percent and 31.7 percent, respectively.

According to this official, in the first half China increased investment in 51 coastal countries and areas of 'Belt and Road'. The amount of investment in this period is 12.6 percent in the total amount.Han Yong also said that many foreign companies expressed their desire to cooperate with China at the second 'Belt and Road International Cooperation Summit' held sometime ago. It is our belief that cooperation between Chinese and foreign industries will increase in the coming days, there is huge inherent power in areas like investment scope, depth and depth.

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