In January this year, overseas foreign direct investment (FDI) by Chinese companies amounted to $7.73 billion, decreasing by 35.7 percent year on year and down 4.6 percent month on month, as announced by China's Ministry of Commerce (MOC).
In the given period, 50 new foreign projects (with investment in each project in excess of $50 million) contracted by Chinese companies were worth a total of $94.6 billion, accounting for 79 percent of all new foreign contracts signed by Chinese companies.