Ministry of Commerce and two other departments: China's outbound direct investment flow is $192.2 billion in 2024, ranking among the top three globally for 13 consecutive years.

On September 8th, the Ministry of Commerce, the National Bureau of Statistics, and the State Administration of Foreign Exchange jointly released the "2024 China Outward Direct Investment Statistics Bulletin". The data shows that in 2024, China's outward direct investment flow was $192.2 billion, an increase of 8.4% over the previous year, accounting for 11.9% of the global share, an increase of 0.5 percentage points over the previous year. China has been in the top three globally for 13 consecutive years and has accounted for over 10% of the global share for nine consecutive years. By the end of 2024, China's outward direct investment stock was $3.14 trillion, ranking in the top three globally for eight consecutive years. The Ministry of Commerce, the National Bureau of Statistics, and the State Administration of Foreign Exchange jointly released the "2024 China Outward Direct Investment Statistics Bulletin" on September 8th. In 2024, China's outward direct investment mainly exhibited the following characteristics: The investment scale continues to be among the world's best, and the global percentage of flow increased by 0.5 percentage points. In 2024, China's outward direct investment flow was $192.2 billion, an increase of 8.4% over the previous year, accounting for 11.9% of the global share, an increase of 0.5 percentage points over the previous year. China has been in the top three globally for 13 consecutive years and has accounted for over 10% of the global share for nine consecutive years. By the end of 2024, China's outward direct investment stock was $3.14 trillion, ranking in the top three globally for eight consecutive years. Overseas enterprises cover over 80% of countries and regions globally, with good annual operating performance. As of the end of 2024, Chinese domestic investors had established 52,000 overseas enterprises in 190 countries and regions globally, including 19,000 in countries participating in the "Belt and Road" initiative. In 2024, overseas enterprises reinvested $77.89 billion, accounting for 40.5% of the flow for that period, with 70% of overseas enterprise profits or staying flat. Investment continues to be diverse, with over 80% directed towards five major areas. In 2024, China's outward direct investment covered 18 different industries, with investments exceeding $10 billion in the wholesale and retail, leasing and business services, manufacturing, finance, and mining sectors. Investments in the construction and information transmission/software and information technology service industries grew rapidly, with growth rates of 80.5% and 205.5% respectively. Investment in Asia, Latin America, Europe, and Oceania continued to grow, with direct investment in "Belt and Road" countries growing by over 20%. In 2024, nearly 80% of China's outward direct investment flowed to Asia, with an 8.5% increase over the previous year. Investments in ASEAN countries totaled $34.36 billion, an increase of 36.8%. Investments in Latin America, Europe, and Oceania increased by 15.4%, 25.3%, and 113.7% respectively. In 2024, direct investment in "Belt and Road" countries reached $50.99 billion, an increase of 22.9% over the previous year, accounting for 26.5% of that year's outward direct investment flow. Non-state-owned economic entities were active in outward investment, with local enterprises experiencing faster growth in outward investment. In 2024, non-state-owned economic entities invested $91.37 billion abroad, an increase of 24.6%, accounting for 54.3% of the total non-financial outward direct investment. Local enterprises invested $108.43 billion abroad, an increase of 16.8%, which was 8.4 percentage points higher than the overall growth rate. Guangdong, Zhejiang, and Shandong were the top three provinces in terms of outward investment. The mutually beneficial effects were significant, with China's outward investment driving $21.1 billion in goods exports in 2024, an increase of 13%, accounting for 5.9% of total goods exports in that period. Overseas enterprises generated sales revenue of $3.6 trillion, paid $82.1 billion in taxes to the host countries, and employed a total of 5.021 million people by the end of the year, with 65.8% being foreign employees.