Ministry predicts new surge in ODI
By Ding Qingfen, Li Jiabao and Oswald Chen | 皇冠体育app Daily | Updated: 2012-01-05 08:03
Expansion will match foreign direct investment, experts say
BEIJING / HONG KONG - Outbound direct investment (ODI) for 2011-15 is expected to register double-digit annual growth to reach $560 billion, matching the nation's foreign direct investment (FDI), a statement from the Ministry of Commerce said.
The government will accelerate promoting "overseas investment" during the 12th Five-Year Plan (2011-15) period, the statement, posted on the website of the ministry on Wednesday, said.
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