BEIJING - China's outbound direct investment in non-financial sectors grew 28.6 percent year-on-year in 2012, accelerating from a year earlier, new Ministry of Commerce figures revealed on Wednesday.
The annual growth rate was higher than the 1.8-percent rate recorded in 2011 and 25 percent in the January-November period.
China invested a total of $77.22 billion in 4,425 overseas enterprises in 141 overseas countries and regions last year, MOC spokesman Shen Danyang told a press conference here.
ODI to Russia surged 117.8 percent year-on-year in 2012 and that to the United States and Japan jumped 66.4 percent and 47.8 percent respectively, according to Shen.
He said the accomplished turnover of China's overseas-contracted projects totalled $116.6 billion last year, up 12.7 percent from a year earlier.
During that period, 512,000 Chinese were sent to work overseas under labor cooperation contracts, 60,000 more than in 2011.
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