beijing, oct. 17 (xinhua finance) -- chinese enterprises invested a total of 10.04 billion u.s. dollars in 56 countries along the "one belt and one road" in the first three quarters of 2019, accounting for 12.4 percent of the total in the same period.
data from the ministry of commerce show that from january to september, chinese investors made non-financial direct investment in 5,016 overseas enterprises in 164 countries and regions, and the total investment reached 555.11 billion yuan, up 3.8% year on year and 1.1 percentage points faster than the previous eight months. outbound direct investment in september was 62.01 billion yuan, up 14.2 percent year on year.
in the economic and trade cooperation with countries along the "one belt and one road" route, china's newly signed foreign project contracts amounted to 86.8 billion us dollars, accounting for 59.2% of the total in the same period. completed turnover of $55.89 billion, accounting for 54.7% of the total in the same period.
in terms of outbound investment, from january to september, outbound investment mainly went to leasing and business services, manufacturing, wholesale and retail, accounting for 33%, 17.5% and 10.5% respectively. outbound investment into manufacturing, wholesale and retail rose 3.2 per cent and 12.4 per cent, respectively. there were no new outbound investments in real estate, sports and entertainment.
in terms of the construction of overseas economic and trade cooperation zones, by september 2019, chinese enterprises had invested a total of us $42.69 billion in 46 countries, 5,452 enterprises entered the zones, paid us $4.09 billion in taxes to host countries, and created 367,000 local jobs.
in recent years, two-way investment between china and countries along the "one belt and one road" has been deepening. up to now, the cumulative investment of chinese enterprises in countries along the belt and road has exceeded us $100 billion. overseas contracted projects exceeded us $720 billion, and investment from countries along the routes reached us $48 billion.
source: china financial information network