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E-mail Xinhua, November 21, 2024
A file photo shows the Chinese-built Maputo Cross-sea Bridge in Maputo, Mozambique. [Photo/Xinhua]
China's non-financial outbound direct investment (ODI) increased 10.6% year on year to $115.83 billion in the first 10 months of the year, data from the Ministry of Commerce showed on Thursday.
The data showed that Chinese companies' non-financial ODI in countries participating in the Belt and Road Initiative (BRI) reached $26.65 billion, up 3% from the previous year.
During the period, the turnover of contracted overseas projects by Chinese companies amounted to $124.38 billion, an increase of 2%, and the value of newly signed contracts rose 15.3% to $177.65 billion.
In particular, the turnover of contracted projects undertaken by Chinese companies in BRI participating countries stood at $100.82 billion during the period, up 0.8% year on year, while the value of Chinese companies' newly signed contracts in these countries reached $148.64 billion, up 15.7%, the data showed.
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