2015年CRI China's Direct Investment Abroad to Keep Rising: Official

 

Statistics show that the volume of China's direct investment abroad in the first 10 months of this year has increased by 16.3% compared to last year, surpassing 95 billion U.S. dollars.

The volume last year was 45.6 times as much as in 2002.

Zhang Xiangchen, a deputy international trade representative from China's Ministry¹ of Commerce, says the proportion of non state-owned enterprises' investment has risen significantly.

"Among the direct investment abroad in the first 10 months, the amount made by non-state-owned enterprises accounts for 72 percent of the total, rising by 30.5 percent. The proportion last year was only 46 percent. With the promotion² of China's 'One Belt and One Road' Initiative and the International Production Capacity Cooperation, many of these enterprises have chosen to invest overseas."

Currently there are nearly 30 thousand Chinese enterprises overseas earning over 3 trillion U.S. dollars of assets.

Zhang believed that promoting China's technology, standards and services with production capacity into the global market could be regarded as a sign that the country's global competitiveness is increasing.

"Products alone could not illustrate³ a strong global competitiveness; you have to think about whether the design, the patent and the standard are all yours, whether you are able to provide follow-up services. Over the past few years, China has made great progress on those issues."

However, Chinese enterprises have also gone through a series of hardships during the process of going global.

Figures show that 345 accidents related to Chinese enterprises overseas have happened since 2010.

The most recent case happened in Bamako, Mali, where a terror attack and a hostage-taking at a local luxury hotel killed 3 executives of China Railway Construction Corporation Limited.

Zhang made the remarks while issuing this year's guideline assisting Chinese entrepreneurs' investment in 171 different countries and regions in the world.

The Ministry of Commerce has been compiling the guidelines for 7 years.

Zhou Liujun, Head of Department of Outward Investment and Economic Cooperation under the Ministry of Commerce, said a series of new highlights have been added in this year's version to better serve Chinese enterprises.

"We introduced meticulously⁴ the changes happening in different countries and regions, such as changes on political situation, social and macroeconomic environment, as well as their prospects⁵ and plans on economic development, so as to keep enterprises updated on the developing trend and risks on their destinations, thus ensure their investment's success. That is why we update the guidelines annually⁶."

He added that the changes on economic and trade relationship between China and those countries and regions have also been covered.

For CRI, I'm Xie Cheng.

1 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

2 promotion   

n.提升，晋级；促销，宣传

参考例句：

• The teacher conferred with the principal about Dick's promotion.教师与校长商谈了迪克的升级问题。
• The clerk was given a promotion and an increase in salary.那个职员升了级，加了薪。

3 illustrate   

v.举例说明，阐明；图解，加插图

参考例句：

• The company's bank statements illustrate its success.这家公司的银行报表说明了它的成功。
• This diagram will illustrate what I mean.这个图表可说明我的意思。

4 meticulously   

adv.过细地，异常细致地；无微不至；精心

参考例句：

• The hammer's silvery head was etched with holy runs and its haft was meticulously wrapped in blue leather. 锤子头是纯银制成的，雕刻着神圣符文，而握柄则被精心地包裹在蓝色的皮革中。 来自辞典例句
• She is always meticulously accurate in punctuation and spelling. 她的标点和拼写总是非常精确。 来自辞典例句

5 prospects   

n.希望，前途(恒为复数)

参考例句：

• There is a mood of pessimism in the company about future job prospects. 公司中有一种对工作前景悲观的情绪。
• They are less sanguine about the company's long-term prospects. 他们对公司的远景不那么乐观。

6 annually   

adv.一年一次，每年

参考例句：

• Many migratory birds visit this lake annually.许多候鸟每年到这个湖上作短期逗留。
• They celebrate their wedding anniversary annually.他们每年庆祝一番结婚纪念日。