China, 11th Jan 2023 – From January to November 2022, the non-financial direct investment of Chinese enterprises in countries along the Belt and Road was 128.38 billion yuan, up 10.5% (equivalent to 19.16 billion US dollars, up 6.5% year on year), accounting for 18.7% of the total in the same period, up 0.6 percentage points from the same period last year. It is mainly invested in Singapore, Indonesia, Malaysia, Vietnam, United Arab Emirates, Thailand, Pakistan, Cambodia, Serbia and Kazakhstan.
In terms of foreign contract projects, Chinese enterprises signed 4,632 new contracts in countries along the Belt and Road, with the value of the new contracts reaching 657.91 billion yuan, down 0.7% (98.19 billion US dollars, down 4.3%) year-on-year, accounting for 50.2% of the total value of Chinese foreign contract projects in the same period. The turnover was 482.09 billion yuan, down 2.6% year-on-year (equivalent to 71.95 billion US dollars, down 6.1% year-on-year), accounting for 54% of the total turnover in the same period.
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