China’s economy just dropped a new flex on the world stage! The Ministry of Commerce announced steady growth in foreign investment and cooperation this year, proving the country's global economic ties are stronger than ever.
By the Numbers
Non-financial outbound investments jumped 10.5% to $143.85 billion, with ASEAN countries like Indonesia and Vietnam seeing a 12.6% surge. Key sectors? Think manufacturing, tech leasing, and retail expansion – basically, the trifecta of global market dominance.
Belt and Road Gains
Investments in Belt and Road partner countries hit $33.69 billion, up 5.4% from 2023. Plus, over 409,000 workers were dispatched abroad this year – that’s like sending the entire population of Oakland, California, to build bridges and tech hubs worldwide.
Jobs on the Move
By year-end, nearly 594,000 Chinese workers were employed overseas, a 17.9% spike. Trade experts call it a win-win: partner countries get infrastructure boosts, while China solidifies its role as a global economic anchor.
China-ASEAN Trade Boom Fuels Economic Resilience in Q1
