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. 🤝
Reference(s):
China says its foreign investment, cooperation remain stable in 2024
cgtn.com