China's ODI Grew by 25.3%       

According to a report jointly issued by the Ministry of Commerce, the National Bureau of Statistics and the State Administration of Foreign Exchange on September 17th, China's oversea direct investment (ODI) amounted to US$26.51 billion in 2007, up 25.3% over the previous year. Of which, US$24.84 billion was under the mode of non-monetary investment, up 40.9% year over year, and US$1.67 billion was invested in monetary projects.
   As of 2007 more than 7 000 investors of China have built up over 10 000 ODI firms in 173 countries or regions worldwide, with an accumulative ODI of US$117.91 billion. US$101.19 billion of which was invested in non-monetary projects, and US$16.72 billion for monetary projects.
   In 2007 all non-monetary oversea firms of China recorded a total receive of US$337.6 billion, and submitted a total oversea tax of US$2.94 billion. Domestic investors achieved a total import/export value of US$118.9 billion through their oversea arms.