China Jan.-July ODI surges

By：Xinhua Update：2016-08-17

BEIJING, Aug. 17 -- China's non-financial outbound direct investment (ODI) in the first seven months soared 61.8 percent year on year, data from the Ministry of Commerce (MOC) showed Wednesday.

China's ODI from January to July hit 673.24 billion yuan (about 102.75 billion U.S. dollars), the MOC said in a statement.

The ODI in July alone reached 13.89 billion U.S. dollars, down 9.5 percent month on month, according to the MOC.