Maritime Silk Road Luxuries of the Han Dynasty
Ceremony in honor of Confucius held in Sichuan
Hollywood blockbusters heats up fashion show in NW China
Ciao! Chinese beauties!
Naughty polar bear waves to photographer in Wapusk, Canada
An eye feast: BFA freshmen registration
Top 10 most lavish weddings
Most amazing chi-pao beauties
Observe the earth from space
Chinese lingerie brand arrives in Las Vegas
XIAMEN, Sept. 9 -- Annual outbound direct investment (ODI) by Chinese companies last year exceeded 100 billion U.S. dollars for the first time, authorities said Tuesday.
The country's ODI in 2013 reached 108 billion U.S. dollars, up 22.8 percent year on year, according to a report by the Ministry of Commerce (MOC), National Bureau of Statistics and State Administration of Foreign Exchange.
The figures were released at the 18th China International Fair for Investment and Trade, sponsored by the MOC, in the coastal city of Xiamen in east China's Fujian Province.
Fang Wei, deputy head of the Department of Outward Investment and Economic Cooperation of MOC, said among the investment projects last year, the purchase by Chinese oil company CNOOC of Canada's Nexen was the largest at 14.8 billion U.S. dollars.
Fang said by the end of 2013, 15,300 Chinese companies had established 25,400 ODI projects in 184 countries and regions around the world.
Top 10 world's highest-paid models 2014
"Twin flowers" bloom in the air
The 4th China-Eurasia Expo opens in Urumqi
Tall girls shine at model competition
Vanguard dancing heats up 2014 Beijing Carnival
Girl who cannot gain weight: She is 1, 2.9 kilograms
Experiencing maiden voyage between Sanya and Xisha
Chinese inflatable aircraft meets public for the first time
People enjoy delicacies in Tianjin undersea tunnel
Artistic gymnastics performance
Moon of Mid-autumn Festival
Peace Mission 2014 joint military drill
I want to be on stage at the Spring Festival Gala
Sand painting world
COMAC jumbo jet and its global rivalsDay|Week|Month