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Investment

Chinese offshore investment figures released

Chinese direct investment to foreign countries, excluding investment in the field of finance, reached US$29.92 billion until the end of 2002, the Ministry of Commerce said

In that year alone, the country's net direct investment to foreign countries totaled US$2.7 billion.

It was the first time such figures had been issued.

The figures also showed that Chinese enterprises operating overseas reported a combined sales income of US$77.2 billion for 2002.

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