More than 20 states that produce more than half of world's oil take part in OPEC meetingBusiness & Economy December 10, 13:05
Russian energy minister Novak sees 'no risk' OPEC agreement failsBusiness & Economy December 10, 12:43
Defense ministry organizes mass escape for Aleppo civilians via humanitarian corridorsWorld December 10, 12:38
Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Russian pair Tarasova/Morozov win final of ISU Grand Prix of Figure Skating in MarseillesSport December 10, 4:00
Matviyenko to visit UAE to participate in Forum of Women Speakers of ParliamentRussian Politics & Diplomacy December 10, 3:21
BEIJING, January 16./ITAR-TASS/. China’s non-financial direct investment in the Russian economy increased 518 percent last year to reach $4.08 billion, China's Ministry of Commerce spokesman Shen Danyang said on Thursday.
Chinese experts attribute this significant inflow to several major strategic projects: co-operation in oil and gas was of overriding importance along with regional interaction between the two countries, Chinese Deputy Foreign Minister, Chen Gopin, told Itar-Tass.
Non-financial direct investment in other economies grew 16.8 percent to reach $90.17 billion, most of the funding - $65.45 billion, or 72.6 percent - invested in Hong Kong, ASEAN (Association of South East Asian Nations), the European Union, Australia, the U.S., Russia and Japan.
Ministry spokesman Danyang said direct foreign investment into the Chinese economy grew 5.25 percent last year to reach $117.59 billion, mainly contributed by Asian countries - Japan, the Philippines, Thailand, Malaysia, Singapore, Indonesia, the Republic of Korea, China's special administrative regions Hong Kong and Macau, and Taiwan. These invested $102.52 billion, an increase of 7.09 percent.
U.S. investment in the Chinese economy grew by 7.13 percent to reach $3.35 billion, and in the European Union by 18.07 percent, reaching $7.21 billion.