Hey there! 🌟 Guess what? China just dropped some exciting news about its foreign investments in 2024, and it's pretty amazing! Let's dive in. 🏊♂️
Steady Growth Ahead 🚀
The Chinese mainland's foreign investment and cooperation saw a steady climb in 2024. An official from the Ministry of Commerce (MOC) spilled the tea on Sunday. ☕️
Numbers That Speak 📈
Non-financial outbound direct investment soared by 10.5% year-on-year, hitting a whopping $143.85 billion! 💸 Investments in the Association of Southeast Asian Nations (ASEAN) countries jumped by an impressive 12.6% compared to last year. 🌏
What's Driving the Growth? 🔑
According to the MOC data, sectors like leasing, business services, manufacturing, and wholesale and retail are the real MVPs here. 🏆 They’ve been the driving force behind this growth spurt. The turnover from China's foreign contracted projects also saw a sweet increase of 3.1%, totaling $165.97 billion in 2024. 💼
People on the Move 👥
Chinese workers are making waves abroad! 🌊 In 2024, 409,000 workers were dispatched overseas, marking a significant 17.9% rise from the previous year. By the end of the year, a total of 594,000 Chinese workers were shining internationally. ✨
Belt and Road Initiative Continues to Thrive 🛣️
The Belt and Road is on a roll! 🛤️ Non-financial investments in countries along this path increased by 5.4%, reaching $33.69 billion. This shows China's commitment to global cooperation and development. 🤝
Why It Matters 🌍
This growth isn't just about numbers; it's about building bridges across cultures and economies. 🌉 For young professionals, entrepreneurs, and adventurers out there, these developments open up new opportunities and exciting horizons. 🌅
Stay tuned for more updates on how these investments shape our world's future! 🚀
Reference(s):
China says its foreign investment, cooperation remain stable in 2024
cgtn.com
