Survey on Chinese Enterprises’ Outbound Investment and Operation (I).docVIP

Survey on Chinese Enterprises? Outbound Investment and Operation (I) The year of 2011 marked the beginning of China?s 12th Five-Year Plan period, and also the 20th year of the country?s implementation of its “going global” strategy. In the past decade, Chinese enterprises? outbound investment has witnessed the gradual transition from rapid growth to steady growth and from quantity based growth to qualitative based improvement. In 2011, against the backdrop of increasing turmoil in the global political and economic environment, the ongoing deepening of the European debt crisis, and an increasing complex international investment climate, Chinese enterprises? outbound investment maintained a stable growth momentum. Domestic investors made non-financial outbound direct investment in 3391 overseas enterprises in 132 countries and regions around the world, and the cumulative direct investment amounted to US$60.07 billion, up 1.8% Y/Y. Going into 2012, domestic enterprises are actively more involved in overseas investment. In January and February, domestic investors made US$7.435 billion of non-financial outbound direct investment in 706 overseas in 97 countries and regions around the world, up 59.9% y/y. Since the initiation of reforms and opening-up, especially after China?s accession to the WTO, for both “attracting inwards” and “going global”, Chinese enterprises have become closely related with economic globalization in terms of operations and development. The Chinese market has been playing an increasingly important role in the reorganization of global industrial and production networks. Under the pressures arising from the post-financial crisis, rapid domestic market development, and industrial transformation and up- grading, Chinese enterprises are enduring new challenges, and becoming more willing to consider new opportunities to enhance their prospects for survival and development. According to the questionnaire survey on Chinese enterprises?outbound investm