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Ministry predicts new surge in ODI

By Ding Qingfen, Li Jiabao and Oswald Chen | China Daily | Updated: 2012-01-05 08:03

Ministry predicts new surge in ODI

Expansion will match foreign direct investment, experts say

BEIJING / HONG KONG - Outbound direct investment (ODI) for 2011-15 is expected to register double-digit annual growth to reach $560 billion, matching the nation's foreign direct investment (FDI), a statement from the Ministry of Commerce said.

The government will accelerate promoting "overseas investment" during the 12th Five-Year Plan (2011-15) period, the statement, posted on the website of the ministry on Wednesday, said.

Ministry predicts new surge in ODI

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