From January to May 2021, non-financial direct investment of Chinese enterprises in 55 Belt and Road countries reached RMB48.16 billion, up 5.1% (equivalent to USD 7.43 billion, up 13.8%), accounting for 17.2% of the total outbound investment in the same period, up 1.7 percentage points from the previous year. Main recipients of the investment include Singapore, Indonesia, Vietnam, the United Arab Emirates, Kazakhstan, Laos, Bangladesh, Thailand, Malaysia and Sri Lanka.
In terms of project contracting, Chinese enterprises signed 1,920 new foreign projects contracts in 59 Belt and Road countries, worth RMB301.37 billion, down 8.6% (equivalent to USD 46.49 billion, down 1%), accounting for 56.2% of the total project contracting volume during the same period. The completed turnover was RMB 199.66 billion, down 2.8% (equivalent to USD 30.8 billion, up 5.2%), accounting for 58.2% of the total amount for the same period.
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