2016年CRI Chinese outbound investment enters ＂golden era＂: think tank report

 

The Beijing-based Center for China and Globalization, a government-affiliated think tank, has published a new report on Chinese outbound investment.

The Blue Bookof Chinese Enterprise Globalization shows that Chinese companies invested a record 145.6 billion US dollars abroad last year, continuing a trend of growth over the past decade.

Wang Huiyao is one of the authors of the report.

"We saw three highlights in China's outbound investment over the last year. One, for the first time, China has seen a net outflow of capital. Two, we have surpassed Japan to become the second largest source of foreign investment in the world. And finally, China's investment in the United States has surpassed US investment into China."

The report also shows outbound investment by countries around the world has rebounded¹ to levels seen before the financial crisis hit in 2009.

Blue Book of Chinese Enterprise Globalization (2016) [Photo: China.com.cn]

The bluebook notes total foreign direct investment globally last year reached 1.76 trillion dollars, an annual growth of 38%.

This comes against a backdrop of percieved increasing trade protectionism in certian parts of the world, evidenced by the Brexit vote and the election of Donald Trump² in the US.

Trump has already announced he will withdraw the US from the Trans-pacific Partnership³, a trade agreement among 12 Pacific Rim⁴ countries.

However, He Weiwen with the China Center for Globalization suggests the numbers point to globalization as an irreversible and unstoppable trend.

"I don't think we will see a reversal of globalization because it is an economic law. No political intervention⁵ can fundamentally maneuver⁶ economic laws. Globalization is based on the division of responsibilities in modern mass production. It must lead to the optimal⁷ cross-border utilization⁸ of resources to create industry chains. "

In 2013, Chinese President Xi Jinping proposed the "One Belt and One Road" initiative – a plan to revive trade among China and countries along the ancient Silk Road and the maritime⁹ Silk route.

In putting together its latest report, the CCG has surveyed a number of Chinese companies investing abroad under the "Belt and Road" initiative.

More than 70% of them say they're optimistic about the investment prospects¹⁰ in their destination countries.

Nearly half of them say they plan to increase their investment in those countries.

Analysis suggests the "Belt and Road" is creating a new impetus¹¹ for Chinese companies to invest abroad, likely leading to even greater outflows of investment, both in quantity and quality.

1 rebounded   

弹回( rebound的过去式和过去分词 )； 反弹； 产生反作用； 未能奏效

参考例句：

• The ball rebounded from the goalpost and Owen headed it in. 球从门柱弹回，欧文头球将球攻进。
• The ball rebounded from his racket into the net. 球从他的球拍上弹回网中。

2 trump   

n.王牌，法宝；v.打出王牌，吹喇叭

参考例句：

• He was never able to trump up the courage to have a showdown.他始终鼓不起勇气摊牌。
• The coach saved his star player for a trump card.教练保留他的明星选手，作为他的王牌。

3 partnership   

n.合作关系，伙伴关系

参考例句：

• The company has gone into partnership with Swiss Bank Corporation.这家公司已经和瑞士银行公司建立合作关系。
• Martin has taken him into general partnership in his company.马丁已让他成为公司的普通合伙人。

4 rim   

n.(圆物的)边，轮缘；边界

参考例句：

• The water was even with the rim of the basin.盆里的水与盆边平齐了。
• She looked at him over the rim of her glass.她的目光越过玻璃杯的边沿看着他。

5 intervention   

n.介入，干涉，干预

参考例句：

• The government's intervention in this dispute will not help.政府对这场争论的干预不会起作用。
• Many people felt he would be hostile to the idea of foreign intervention.许多人觉得他会反对外来干预。

6 maneuver   

n.策略[pl.]演习；v.(巧妙)控制；用策略

参考例句：

• All the fighters landed safely on the airport after the military maneuver.在军事演习后，所有战斗机都安全降落在机场上。
• I did get her attention with this maneuver.我用这个策略确实引起了她的注意。

7 optimal   

adj.最适宜的；最理想的；最令人满意的

参考例句：

• What is the optimal mix of private and public property rights in natural resources?私人和国家的自然资源产权的最适宜的组合是什么？
• Optimal path planning is a key link for the sailing contest.帆船最优行驶路径规划是帆船比赛取胜的关键环节。

8 utilization   

n.利用，效用

参考例句：

• Computer has found an increasingly wide utilization in all fields.电子计算机已越来越广泛地在各个领域得到应用。
• Modern forms of agricultural utilization,have completely refuted this assumption.现代农业利用形式，完全驳倒了这种想象。

9 maritime   

adj.海的，海事的，航海的，近海的，沿海的

参考例句：

• Many maritime people are fishermen.许多居于海滨的人是渔夫。
• The temperature change in winter is less in maritime areas.冬季沿海的温差较小。

10 prospects   

n.希望，前途(恒为复数)

参考例句：

• There is a mood of pessimism in the company about future job prospects. 公司中有一种对工作前景悲观的情绪。
• They are less sanguine about the company's long-term prospects. 他们对公司的远景不那么乐观。

11 impetus   

n.推动，促进，刺激；推动力

参考例句：

• This is the primary impetus behind the economic recovery.这是促使经济复苏的主要动力。
• Her speech gave an impetus to my ideas.她的讲话激发了我的思绪。