China's total outward direct investment in all industries reached $40.9 billion in January-March 2020: Chinese report

At a regular press conference held on the 24th, Commerce Ministry spokesman He Yadong said that China's outward direct investment in all industries in the first quarter of this year increased 6.2% year-on-year to $40.9 billion (about 5 trillion yen).
According to the spokesman, out of all industries' foreign direct investment, non-financial direct investment increased 4.4% to $35.68 billion (about 5.1 trillion yen).
In addition, non-financial direct investment in Belt and Road co-construction countries increased by 15.6% to $8.87 billion (approximately 1.3 trillion yen).
In the first quarter of this year, China's overseas contract construction sales increased 5.5% to $34.18 billion (about 4.9 trillion yen),
The value of new contracts increased by 26% to $58.67 billion (approximately 8.4 trillion yen). Of this, sales from contracted construction projects in countries co-constructing the "Belt and Road" increased by 4.1% to $27.52 billion.
0 million (approximately 4 trillion yen), and new contracts increased 16.3% to 47.14 billion dollars (approximately 6.8 trillion yen).