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Chinese enterprises to speed up globalization

| 2014-11-20 | Hits:

Chinese enterprises will further accelerate their pace of future globalization, according to a report released on October 29. The Blue Book of Chinese Enterprise Globalization: Report on Chinese Enterprise Globalization (2014) co-issued by the Center for China and Globalization and Social Sciences Academic Press, predicted that 2014 will be a milestone for Chinese enterprises’ globalization, as Chinese outward foreign direct investment is likely to surpass foreign investment in China for the first time. The report also forecast China to be a net contributor of capital outflow this year, because it has become one major emerging country for outward direct investment.

The Chinese link: http://finance.sina.com.cn/china/20141029/174920676954.shtml?qq-pf-to=pcqq.c2c

  Translated by Du Mei
Revised by Tom Fearon