Outbound Direct Investment Outweighs Foreign Direct Investment for the First Quarter of 2015
For the first four months of 2015, the Chinese mainland made around 214 billion yuan of non financial investment in overseas market up 36 percent base on year on year. Outbound direct investment during this period covered 2,884 overseas based companies from 146 countries and regions.
Hong Kong, the European Union, the Association of Southeast Asian Nations, United States, Australia, Japan and Russia are part of the Chinese mainland total outbound direct investment. Investment to the European Union has the fastest growth year on year with an increase of 487 percent but no other details are given. Furthermore investment to nations along the Silk Road and Belt, a recently proposed initiative that is hoped to bring enhancement to international connections through building transport networks that will total 3.72 billion U.S. dollars accounting for 10 percent of the total outbound direct investment for the period.
Previous data showed foreign direct investment in the Chinese mainland increased by 11.1 percent for the first four months standing at 273 billion yuan, the country is one of the net capital exporter for the first time last year as outbound direct investment has outnumbered capital inflows as outbound direct investment increased by 14 percent in 2014 eclipsing the 1.7 percent growth record for foreign direct investment.