China one of three largest outbound investors in 2012

BEIJING - Outbound direct investment (ODI) from China grew by 17.6% on-year in 2012 to US$ 87.8 billion, placing China among the top three outbound investors for the first time, according to the National Bureau of Statistics. Investment in manufacturing, mining, and finance totalled US$ 493.1 billion in 2012, 92.4% of total ODI. China’s accumulated outbound direct investment reached US$ 531.9 billion at the end of 2012.