China's outbound direct investment totaled 10.3 billion US dollars in the first nine months of this year, up 5.2 percent year on year, Shen Danyang, spokesman of the Ministry of Commerce (MOC), said at a press release on Tuesday.
Of the total outbound direct investment, equity and bond investment debt instrument investment reached 8.9 billion US dollars, up 7.4 percent year on year, and accounted for 86.4 percent of the total; and re-investment of earnings came to 1.4 billion US dollars, down 6.7 percent year on year, and accounted for 13.6 percent of the total.
Meanwhile, the number of Chinese enterprises' M&A deals by outbound investment totaled 324 in the first nine months, totaling 20.18 billion US dollars, of which direct investment amounted to 17.79 billion US dollars.
Notably, Chinese enterprises' investment covered 48 countries along the Belt and Road in the first nine months, with total investment reaching 12.03 billion US dollars, surging 55.2 percent year on year, and the investment went mainly to Singapore, Kazakhstan, Laos, Indonesia, Russia, and Thailand.
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