Beijing, August 26 (Xinhua) - Ling Ji, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations of China, stated in Beijing on August 26 that since 2012, China's outward investment flow has ranked among the top three in the world for 13 consecutive years.
Ling Ji announced the above data at the press conference held by the State Council Information Office on the same day. He said that China is now not only a major country that attracts foreign investment, but also a global leader in outbound investment. In 2024, China's outward investment reached 162.78 billion US dollars, an increase of 10.1% over the previous year.
On the one hand, China's investment scale ranks among the top in the world. As of the end of 2024, China has established over 50000 enterprises overseas, covering 190 countries and regions. The stock of outward investment exceeds 3 trillion US dollars, maintaining the top three in the world for 8 consecutive years, and accounting for 7.2% of global outward investment.
On the other hand, China's outbound investment is showing a trend of diversified development. China's outbound investment covers 18 sectors of the national economy, with manufacturing, finance, information technology, wholesale and retail, leasing, and business services accounting for nearly 80% of the total outbound investment. At the same time, investments in emerging fields such as green low-carbon, digital economy, green minerals, and blue economy are steadily advancing.
In addition, last year, China's direct investment in the "the Belt and Road" co construction countries was 50.99 billion US dollars, up 22.9% over the previous year, accounting for 26.5% of China's total foreign investment that year. By the end of 2024, China's investment stock in the countries jointly building the "the Belt and Road" has reached 370 billion US dollars, accounting for 11.8% of the foreign investment stock.
Ling Ji also stated that from 2021 to 2024, China's outward investment has driven the import and export of goods by nearly 1.2 trillion US dollars, contributing a large amount of employment and tax revenue to the host country, and helping its economic development, achieving mutual benefit and win-win results.
