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China's non-financial ODI up 18.1% in January-July

Xinhua | Updated: 2023-08-17 17:27
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This aerial photo shows a cargo ship at a smart container terminal of Tianjin Port in North China's Tianjin, July 7, 2023. [Photo/Xinhua]

BEIJING - China's non-financial outbound direct investment (ODI) increased 18.1 percent year-on-year to 500.94 billion yuan in the first seven months of the year, official data showed Thursday.

In US dollar terms, the ODI stood at $71.93 billion in the period, up 10.6 percent from a year earlier, according to the Ministry of Commerce.

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