BEIJING/SOUTH-EAST ASIA (Xinhua): China's foreign investment and cooperation saw steady growth in 2024, an official with the Ministry of Commerce (MOC) has announced.
The country's non-financial outbound direct investment rose 10.5 per cent year on year to US$143.85 billion last year, with investments in the Association of South0-East Asian Nations (Asean) countries increasing by 12.6 per cent year on year, according to the official.
Investments in leasing, business services, manufacturing, and wholesale and retail sectors drove the growth.
The turnover of China's foreign contracted projects totalled US$165.97 billion in 2024, an increase of 3.1 per cent year on year, the official said.
In 2024, the number of workers dispatched abroad reached 409,000, a 17.9 per cent increase year on year, with a total of 594,000 Chinese workers employed overseas by the end of the year.
Non-financial investment in countries along the Belt and Road increased by 5.4 per cent year on year to US$33.69 billion last year, MOC data showed. - Xinhua
