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In the first five months of 2022, China’s non-financial ODI increased 2.3% year-on-year to RMB287.06 billion (equivalent to USD44.6 billion, up by 3% year-on-year). In breakdown, ODI in wholesale and retail went up by 20.8% year-on-year to USD8.08 billion, and the investment in construction, scientific research and technical services also increased. Non-financial direct investment in BRI countries reached USD8.19 billion, a year-on-year increase of 10.2%, accounting for 18.4% of the total during the same period and rising by 1.2 percentage points from the same period last year.
In the first five months of 2022, the turnover of foreign contracted projects was RMB344.34 billion, up 0.5% year on year (equivalent to USD53.5 billion, up 1.2% year-on-year). The value of newly signed contracts amounted to RMB507.2 billion, down 5.4% year on year (equivalent to USD78.8 billion, down 4.7% year on year). The turnover of contracted projects and the total value of the newly signed contracts with BRI countries stood at USD28.55 billion and USD38 billion respectively, accounting for 53.4% and 48.2% of the total.
