China’s engagement in outward foreign direct investment(OFDI) startedlater than in many other countries. In 2002, when the National Bureau ofStatistics began measuring the OFDI, the net amount was $2.7 billion.However, in 2016 it soared to $196.15 billion, occupying 13.6 percent ofthe global total. In recent years, China’s OFDI has stayed between $140 billion and $160 billion. He Zhenwei, Secretary General of the ChinaOverseas Development Association, spoke to Beijing Review reporter TaoXing, sharing his observations on the development of China’s OFDI. Thisis an edited excerpt of the interview.
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