China's non-financial outbound direct investment (ODI) reached 22.97 billion U.S. dollars, up 9.1 percent year on year, said He Yongqian, spokeswoman of the Ministry of Commerce, at a press conference in Beijing on Thursday.
Specifically, non-financial ODI by Chinese enterprises in partner countries of the Belt and Road Initiative (BRI) reached 5.52 billion U.S. dollars, marking a year-on-year increase of 17.6 percent, He said.
From January to February, the turnover of foreign contracted projects totaled 18.34 billion U.S. dollars, and the value of newly signed contracts amounted to 35.34 billion U.S. dollars, increasing by 28.7 percent compared with the same period last year, she said.
In particular, contracted projects of Chinese enterprises in the BRI partner countries achieved a turnover of 15.06 billion U.S. dollars, and the value of newly signed contracts reached 30.92 billion U.S. dollars, marking a 33.7-percent increase year on year, said the spokeswoman.
China's non-financial ODI up 9.1 pct in Jan-Feb period
Chinese President Xi Jinping's special envoy Peng Qinghua on Friday attended the inauguration of Namibian President Netumbo Nandi-Ndaitwah in Windhoek, the capital of Namibia.
Peng, vice chairman of the Standing Committee of the National People's Congress of China, also met with President Nandi-Ndaitwah to discuss bilateral relations.
During their meeting, Peng conveyed Xi's warm congratulations on and best wishes for Nandi-Ndaitwah's inauguration and the 35th anniversary of Namibia's independence, which coincided with the inauguration. Peng highlighted the profound traditional friendship between China and Namibia, noting that this year also marks the 35th anniversary of the establishment of diplomatic ties between the two countries.
Peng said China is willing to take this opportunity to continue close high-level exchanges with Namibia, enhance political mutual trust, deepen practical cooperation and bolster international coordination, so as to carry forward the China-Namibia comprehensive strategic cooperative partnership for the benefit of the two peoples.
Nandi-Ndaitwah thanked Xi for sending a special envoy to attend her inauguration and asked Peng to convey her cordial greetings to the Chinese president. She spoke highly of Namibia-China relations, thanked China for its long-standing support and assistance to Namibia, and expressed the hope for the deepening of the friendly cooperation between the two countries in various fields.
Dignitaries and representatives from nearly 30 countries and international and regional organizations attended the inauguration.
Xi's special envoy attends inauguration of Namibian president
