In January 2020, Chinese domestic investors made non-financial direct investment in 1,117 overseas enterprises in 137 countries and regions, with a total investment of 57.57 billion yuan, down 7.7% year on year (8.32 billion us dollars, down 9.5% year on year). New contracts on overseas projects totaled 108.25 billion yuan, up 74.2% year on year (15.65 billion U.S. dollars, up 71% year on year). A total of 19,000 workers of various types were sent to foreign countries for labor service cooperation, and 972,000 workers were sent abroad at the end of January.

In January 2020, China's outbound investment cooperation mainly presents the following characteristics:

One is for & other Bb0 ” State investment and cooperation grew rapidly. In January, China's enterprises on the ldquo; Bb0 ” Non-financial direct investment in 47 countries along the routes reached us $1.59 billion, up 19.5% year on year. In & other; Bb0 ” The number of new projects contracted by countries along the belt and road reached us $9.23 billion, accounting for 59 percent of the total in the same period and up 123.5 percent year on year.

Second, the structure of outbound investment continues to be diversified. In January, outbound investment mainly went to traditional investment sectors such as leasing and business services, wholesale and retail, manufacturing and mining, accounting for 39.9 percent, 14.9 percent, 10.2 percent and 9 percent, respectively. The flow to the tertiary industry reached us $6.51 billion, up 4.3% year on year and accounting for 78.3%.

Third, the number of new and major projects under foreign contract has increased. In January, 52 new contracts worth more than us $50 million were signed, totaling us $14.06 billion, accounting for 89.8 percent of the total. Among them, 31 projects worth over us $100 million, up 18 from the same period last year, mainly in the fields of transportation construction, power engineering construction and petrochemical industry.