Han Yong, commercial counselor of the Cooperation Department of the Ministry of Commerce, said on the 16th that from January to October this year, China's investment cooperation with other countries along the Belt and Road steadily progressed, and irrational foreign investment was further effectively checked.
Data show that in the first 10 months of our country, the investment cooperation with other countries along the "Belt and Road" steadily progressed. From January to October, Chinese enterprises made additional investment in 53 countries along the "Belt and Road", totaling 11.18 billion U.S. dollars, accounting for 13% of the total amount of the same period and an increase of 4.7 percentage points over the same period of last year. In 61 countries along the "One Belt and One Road", the newly contracted foreign contracted projects amounted to 102.07 billion U.S. dollars, accounting for 55.4% of the total, up 21% over the same period of last year. The turnover of U.S. $ 57.52 billion, accounting for 48.5% of the total, up 9.1% %.
In the first 10 months of this year, domestic investors in our country added non-financial direct investments to 5410 overseas enterprises in 160 countries and regions globally, with a total investment of 86.31 billion U.S. dollars, down 40.9% from the same period of last year. Irrational foreign investment was further effective contain. Foreign contracted projects completed a turnover of 118.71 billion U.S. dollars, an increase of 3.5% over the same period of last year. The newly signed contract volume reached 184.3 billion U.S. dollars, up 11.3% over the same period of last year. Foreign labor service cooperation dispatched 427,000 laborers of various kinds. By the end of October, there were 974,000 labor service workers of all kinds.
The drop in foreign investment narrowed and the industry structure continued to be optimized. From January to October, the decline of non-financial OFDI in China dropped 1% from the first three quarters to further narrow down. Foreign investment mainly went to leasing and business services, manufacturing, wholesale and retail, as well as information transmission, software and Information technology services, accounting for 32.4%, 17.0%, 12.3% and 9.9% respectively. There are no new projects for overseas investment in the real estate, sports and entertainment industries.
