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China’s ODI value in 2022 second-highest worldwide

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China’s outbound direct investment (ODI) value in 2022 came in second in the world at 163.12 billion U.S. dollars, accounting for over 10 percent of the global total for seven years in a row, official data showed Thursday.

By the end of last year, the country’s ODI amounted to 2.75 trillion dollars, maintaining its position among the top three globally for six consecutive years, according to a report jointly released by the Ministry of Commerce, the National Bureau of Statistics and the State Administration of Foreign Exchange.

Last year, ODI went to a wide range of industries, the data showed. Sectors including leasing and commercial services.—Xinhua

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