This aerial photo taken on Aug. 6, 2023 shows a housing project undertaken by Chinese enterprises in Ahmadi
Governorate, Kuwait. [Photo/Xinhua]
China's non-financial outbound direct investment (ODI) increased 17.3% year on year to 736.2 billion yuan in the first 10 months of the year, official data showed Thursday.
In U.S. dollar terms, the ODI stood at $104.74 billion in the period, up 11% from a year earlier, according to the Ministry of Commerce.
The non-financial ODI in countries participating in the Belt and Road Initiative came in at 181.69 billion yuan during the January-October period, up 27% year on year.
The turnover of contracted projects overseas grew 8.3% year on year to 856.88 billion yuan, the ministry said.
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