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China’s non-financial outbound absolute advance (ODI) alone 0.6 percent year-on-year to 169.03 billion yuan ($24.22 billion) in the aboriginal division of 2020, the Admiral of Commerce appear on Tuesday.

In the meantime, Chinese firms invested in 2,538 businesses in 153 countries and regions, sending 64,000 cadre away to abutment their projects and operations, the admiral said in an online statement.

Chinese companies invested $4.2 billion in 52 economies accompanying to the Belt and Road Initiative in the aboriginal three months of 2020, surging 11.7 percent on a annual base and accounting for 17.3 percent of the country’s absolute ODI during the three-month period.

The admiral said the anatomy of China’s ODI connected to alter amid January and March of this year, with advance mainly abounding into such sectors as leasing and business services, and broad and retail, as able-bodied as accomplishment and mining businesses in the all-around markets.

Chinese companies active 187 activity deals with arrangement amount of added than $50 actor in the aboriginal division of 2020. The absolute amount for these projects accomplished $45.74 billion, according to the ministry.

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