China's Outbound Investment Fuels Global Economic Growth
Representatives from various countries gathered in Beijing for a briefing on China's key outward investment promotion events in 2025. The event, hosted by the Investment Promotion Agency of the Ministry of Commerce (CIPA), highlighted China's significant role in driving global economic growth through its outbound investments.
Yu Zirong, deputy director general of CIPA, emphasized the strong performance of China's outbound investment in 2024, with continued growth and structural optimization. Cumulative outbound direct investment (ODI) reached nearly $3 trillion, with non-financial ODI exceeding 900 billion yuan (around $122.8 billion) from January to November 2024, marking a 12% increase. Chinese enterprises have invested in nearly 190 countries and regions across various sectors, including leasing and business services, wholesale and retail, manufacturing, and finance.
Yu also highlighted China's vibrant investment cooperation with Belt and Road Initiative (BRI) countries, noting significant investments in key nations like Singapore, Indonesia, and Thailand. These efforts have injected new momentum into global economic recovery and sustainable development.
Yan Hua, director of CIPA's Department of Outward Investment and Cooperation, outlined five key priorities for 2025. These include enhancing support for investment in Belt and Road countries, hosting "China Investment" events at the China International Fair for Investment and Trade, and fostering international supply chain collaboration. Plans also include building comprehensive support systems for outbound investment and facilitating Chinese enterprises' participation in global trade exhibitions.
Representatives from various countries, including the UK, Thailand, and Mexico, commended China's role in fueling global economic growth. They highlighted the positive contributions of Chinese investments in their respective countries, bringing not only capital but also expertise, innovation, and a spirit of collaboration.
The briefing concluded with a shared optimism for the future, with participants expressing confidence in China's continued economic growth and its positive impact on the global economy.
7 Comments
Katchuka
It's about time we recognize the positive contributions of China to global development. Well done!
Loubianka
Can’t wait to see how these investment events unfold! It’s an opportunity for many nations to thrive.
KittyKat
Chinese investments bring not just capital but also innovation. This partnership is vital for global growth.
BuggaBoom
China's investments often come with strings attached, undermining local economies instead of truly supporting them.
Noir Black
CIPA's optimism is misplaced. Many countries are looking for alternatives to Chinese investments.
Leonardo
It’s time we critically assess the so-called benefits of Chinese investments instead of blindly accepting them.
Raphael
Great to see countries recognizing the benefits of collaboration with China. Economic growth is global!