China's outbound investment is expected to maintain a stable and orderly development in 2018, according to China Outbound Investment Development Report 2018 released by the Ministry of Commerce on Sunday.
The report shows China’s non-financial outbound direct investment totaled 124.6 billion US dollars last year, down 32% year on year.
It is also the first ever decline in recent years since the government encouraged investment overseas.
Officials with the Ministry of Commerce believes that the irrational outbound investment made by Chinese enterprises has been effectively curbed, the quality and efficiency of foreign investment have been gradually improved, and mutual benefit and win-win results have achieved outstanding results, pushing China to move from an outbound investment country to an outbound investment power.
Chinese multinationals have maintained active performance against the decline of outbound direct investment. The report pointed out that in the context of the sharp decline in global cross-border mergers and acquisitions, the scale of M&A of Chinese multinationals has seen positive growth with outstanding performance.
Predicting China's outbound investment trend, the report analyzes that the country’s outbound investment will maintain steady growth, because in recent years, China has actively innovated foreign investment methods, improved investment quality and efficiency, strengthened supervision services, guided enterprises to prevent and resolve overseas risks, and improved the international operations.
In the meantime, China's cross-border e-commerce is forecast to see turnover top 9 trillion yuan or 1.3 trillion U.S. dollars in 2018, according to a report released by the China E-Commerce Association.
The report, released on Sunday at the ongoing 20th China International Fair for Investment and Trade, held in Xiamen, east China's Fujian Province, said that the top 10 import sources of China's cross-border e-commerce trade in 2017 were Japan, the United States, the Republic of Korea, Australia, Germany, New Zealand, the Netherlands, France, Britain, and China's Hong Kong Special Administrative Region.
Cross-border e-commerce is most active in south China's Guangdong Province, followed by Beijing, east China's Zhejiang and Shandong provinces and central China's Henan Province for exports via e-commerce.
（source:ourjiangsu.com）
