-ºItha• -uSvati --rd Dirábt4,0b 1 -e Stallstical Btilletirt China's Outward fere:ion Direct investmeti 4.10, 5kijargpild." W'retr, OPTX 2015 Statistical Bulletin of China's Outward Contents Foreign Direct Investment 2015 Statistical Buflelin of Chinas OlJtVilardforeign Direct lnvestment The year 2015 witnessed a robust recovery of global foreign direct investment, with the flows of outward foreign direct investment reaching $1.47 trillion, a year-on-year Mercase of 11.8%. 1. Overview of Chinas Outward FDI Faced with the complex intemational situation, the Chinese govemment proactively promoted "the 2.The Flows and Stock of Chinas Outward FDI Belt and Road Initiative" and steadily carried out intemational cooperation of production capacity, 3.Chinas Outward FDI to Major Economies in the World constantly improving the working system for "going global". Chinese enterprises speeded up 4.Structure of Chinas Outward Foreign Direct Investors integrating into the economic globalization process. In the year 2015, Chinas outward foreign 5.Geographical and Industrial Distributions of Chinas FDI Enterprises direct investment achieved a historie breakthrough. For the first time, the flows of outward foreign 6.Statistics on Chinas Outward FDI direct investment ranked second in the world and exceeded the level of inward foreign direct Table 1 Chinas outward FDI flows by country and region, 2007-2015 investment over the same period. Also for the first time, China experienced net capital outflows Table 2 Chinas outward FDI stock by country and region, 2007-2015 from the two-way foreign direct investment. Table 3 Distribution of Chinas outward FDI flows by industry, 2007-2015 Table 4 Distribution of Chinas outward FDI stock by industry, 2007-2015 Table 5 Chinas outward FDI flows by province, 2007-2015(Non-Financial Part) Table 6 Chinas outward FDI stock by province, 2007-2015(Non-Financial Part) 1.0verview of Chinas Outward FDI Table 7 Chinas outward FDI flows into EU countries, 2007-2015 1.1 Chinas outward FDI net fiows (hereinafter referred to as "flows") in 2015 reached $145.67 billion, Table 8 Chinas outward FDI stock into EU countries, 2007-2015 Table 9 Chinas Outward FDI Flows in ASEAN Countries,2007-2015 increased by 18.3 percentage points cornpared with the previous year. Among the flows, $96.71 billion vas Table10 Chinas Outward FDI Stock in ASEAN Countries,2007-2015 incremental equity investment; $37.91 billion was reinvested eamings and $11.05 billion was debt instrument Table11 Chinas Outward FDI in Countries along the Belt and Road , 2015 investment, accounting for 66.4%, 26% and 7.6°/0 of the total respectively. Table12 The Top 100 Non-financial Chinese TNCs Ranked by Outward FDI Stock, 2015 By the end of 2015, 20,200 Chinese domestic investors had established 30,800 FDI enterprises Table13 The Top 100 Non-financial Chinese TNCs Ranked by Foreign Assets, 2015 2 Table14 The Top 100 Non-financial Chinese TNCs Ranked by Foreign Revenues, 2015 (hereinafter referred to as "overseas enterprises") in 188 countries (regions) globally . The year-end total assets of overseas enterprises were $4.37 trillion. The accumulated outward FDI net stock (hereinafter referred to as "stock") reached $1097.86 billion. Arnong the stock, $471.51 billion vas equity investment, C) FDI enterprises refer to foreign enterprises that are directly owned or have 10% voting rights or equivalents controlled by domestic investors. FDI countries (regions) are accounted as the first country (region) invested by domestic investors. '121 2015 Statistical Bulletin nf China ODutw4lEpréig n Direct nvéstmeni • of China's OutwardForn»n Direct Investmen $442.78 billion was reinvested earnings and 8183.57 billion was debt instrument investment, accounting for Figure 2 Outward FDI Stock of China and Other Major Countries (Regions). 2015 43%,40.3% and 16.7% of the total respectively. Tu blc 1 Structure of China's OlitWard EDI Flows and Stock. 2015 (Billions of VS Dollars) (Billions of US Dollars) United States 5982.8 Germany Flows Stock ~~~1812.5 United Kingdom ~~~1538.1 Indicator Year-on-Year Hong Kong (China) ~~~1485.7 Amount Growth Rate Share (%) Amount Share (%) France ~~~1314.2 (/o) Japan 1~~~1226.6 Total 145.67 18.3 100.0 1,097.86 100.0 Switzerland 1~1~1138.2 China ~~1097.9 Financial Sector 24.25 52.3 16.6 159.66 14.5 Canada Im~za 1078.3 21.42 13.3 83.4 938.2 85.5 Non-financial Sector Netherlands lus~a« 1074.3 Note: 1. The financial sector refers to domestic investor's outward FDI in the overseas financial sector and Singapore lansa 625.3 the non-financial sector refers to domestic investor's outward FDI in the overseas non-financial Russia 11E252.0 sector. Brazil 1a181.5 2. Data on flows in the non-financial sector and that in MOFCOM 2015 Express ($118.02 billion) India 1[139.0 mainly differed in the reinvested eamings. 0 1000 2000 3000 4000 5000 6000 7000 The World Investment Report 2016 by UNCTAD showed that global FDI outflows reached $1.47 trillion Note: Data on China's outward FDI in 2015 is based on Statistical Bulletin dChina's 001, and data on other in the year 2015, with the year-end stock of $25.04 trillion. Based on this report. China's outward FD1 flows countries (regions) is based on the World lnvestment Repon 2016 by UNCTAD. and stock in 2015 accounted for 9.9% and 4.4% of the global total respectively. For the first time, China ranked second arnong ah countries (regions) in terms of outward FDI flows, increased by 0.8 percentage 1.2 In the year 2015, China's financial outward FDI fiows reached $24.25 billion, with a year-on-year point compared with the previous year. In terms of stock, China ranked 8th, increased by 1 percentage point growth rate of 52.3%. Among the flows, $16.4 billion went to the monetary financial services sector (the cornpared with the previous year. former bank ing industry), taking up a share of 67.6%. By the end of 2015, the financial outward FDI had reached $159.66 billion, among which $97.13 billion Figure 1 Outward FDI Flows of China and Ober Major Countries (Regions), 2015 itad gone to the monetary financial services category, $2.19 billion liad gone to insurance industry, $6.8 (Billions of VS Dollars) billion had gone to capital market services (the former securities industiy) and $53.54 billion had fallen under United States 121~~~11~11~11~~~ 299.97 other financial industries, accounting for 60.8%, 1.4%, 4.3% and 33.5% of the total respectively. 145.67 China 1111111~~11~111 By the end of 2015, China's state-owned commercial banks liad established 79 branch offices, 57 Japan ~11111~~11~ 128.65 Netherlands ~~~~R 113.43 affiliated institutions in 42 countries and regions including the United States, Japan, the United Kingdom, etc. ~~~~101.62 Ireland These overseas enterprises had employed 47,000 staffs, 45,000 of ni hom had been of foreign nationalities, Germany III~~94.31 taking up a share of 95.50/t, By the end of 2015, China had established 7 overseas insurance agencies. Canada 111•111111167.18 United Kingdom 61.44 1.3 The non-financial outward FDI flows reached $121.42 billion in 2015, with a year-on-year Hong Kong (China) 55.14 increase of 13.3%. The sales incorne of overseas enterprises arnounted to $1386.3 billion, decreased by Singapore 35.49 South Korea Mi11127.64 50 100 150 200 250 300 350 (5) China's state-owned banks include Bank of China, Agricultural Bank of China. Industrial and Comercial Bank of China. China Construction Bank and Bank of Communications. 86 2015 Statistical Bulletin of China's Outward Foreign Direct Investment 2015 Statistical Bulletin1of China's Outward Foreign Direct invelment 11.7 percentage points. Domestic investors achieved a total of $313.2 billion exports and imports through 2.The Flows and Stock of China's Outward FDI overseas enterprises. The imports amounted to $204.5 billion and the exports reached $108.7 billion, with 2.1 Characteristics of China's Outward FDI Flows in 2015 annual growth rates of -39.5% and -1.4% respectively. 2.1.1 Outward EDI reached to a new level, with its flows ranking second globally for the first time. By the end of 2015, the non-financial FDI stock had reached $938.2 billion and the total assets of The year 2015 witnessed a declining speed of global industrial output growth. International trade overseas enterprises had reached $2.44 trillion. remained in the doldrums. The volatility of the financial market increased and the commodity prices declined 1.4 In 2015, the total taxes and duties paid to countries where the investment was made by the overseas rapidly. The developed countries experienced a slow recovery while economic growth in the emerging enterprises reached $31.19 billion, with a year-on-year increase of 62.9%. The overseas enterprises employed markets further declined. The overall recovety of the world economy was weak and economic growth slowed 2,837,000 staffs. Among them, 1,225,000 were of foreign nationalities, accounting for 43.2% of the total and Against this background, the global foreign direct investment increased against the trend, with its total increased by 392,000 staffs compared with the previous year. infiow increased by 38 percentage points, reaching to the highest level since the 2008 global financial crisis. Its total outflow increased by 11.8 percentage points, the highest since the year 2011. Meanwhile, in 2015 Table 2 China's Annual Outward FDI Flows and Stock since the Establishment of Outward FDI Statistics System China's outward FDI reached to a historical high of $145,67 billion, with a year-on-year Mercase of 18.3%, (Billions of US Doltars) a higher rate of Mercase than the global average.