Rosneft privatization deal is completed — KremlinBusiness & Economy December 07, 21:06
Contact Group focuses on demining, creation of new security zones in Donbass — OSCE envoyWorld December 07, 20:57
Russian Defense Ministry reports 70% of eastern Aleppo under control of Syrian armyWorld December 07, 20:21
Moscow slams Polish FM's remarks on NATO-Russia Council meeting — sourceRussian Politics & Diplomacy December 07, 20:12
IOC extends doping-related sanctions against RussiaSport December 07, 19:35
Russian oil companies back Energy Ministry proposal on limiting oil production — ministerBusiness & Economy December 07, 18:42
Syrian troops take full control over 47 quarters of eastern Aleppo — ministryWorld December 07, 18:36
Sberbank head expects oil and gas prices to continue to fallBusiness & Economy December 07, 18:26
Russian sappers start clearing eastern Aleppo from minesMilitary & Defense December 07, 18:17
BEIJING, January 16. /ITAR-TASS/. China’s direct investments into foreign economies increased in 2013 by 16.8% year-on-year to $90.17 billion in comparison with 2012, China’s Commerce Ministry representative Shen Danyang said on Thursday.
“Last year China steadily boosted its investments into economies of 156 countries. At the same time the main funds were injected into Russia, EU member-states, Australia, the United States and Japan. These countries account for around 72.6% of China’s total direct foreign investments,” Shen said.
Last year China’s investments into economies of Russia, the United States, Australia and countries of Eastern Europe totaled $4.08 billion, $4.23 billion, $3.94 billion and $5.74 billion respectively. At the same time, the year-on-year growth rates of investments jumped by 518.2%, 125%, 82.4% and 29.9% respectively.
Chinese experts say a significant influx of China’s investments into Russia has been caused by “the implementation of some large-scale strategic projects.” “Oil and gas cooperation is in the first place among these projects,” Chinese Assistant Foreign Minister Chen Guoping told Itar-Tass. “Stronger interaction between the two countries at the regional level also plays a great role.”
In 2012, China’s direct foreign investments into foreign countries reached $87.8 billion.