The Scotsman Published an Article by the Chinese Consulate General Entitled "China Investment"
2016/11/17

On 16 November, The Scotsman published an article by the Chinese Consulate General entitled "China Investment". The full text is as follows:

On 9th November, The Scotsman published an article entitled "Questions over China Deal Remain", raising doubts about Chinese investment.

However, truth speaks the opposite. Beginning in this millennium, Chinese investment is no stranger across the globe. For consecutive years, its outbound direct investment (ODI) has kept the third place in the world. 2015 saw China's non-financial ODI reach a record $118.02 billion and over 30,000 Chinese enterprises operate in 188 developing and developed countries and regions.

From January to September this year, its non financial ODI has already overtaken last year's figure with an accumulative investment of $134.2 billion, up 53.7 percent year-on-year. As the world's second largest economy, China has become the second biggest trading partner of the UK outside EU, with the latter as a main destination for Chinese outbound investment. For the past five years, Chinese investment in Britain has surpassed its combined investment in Germany, France and Italy.

A recent example is the significant breakthrough in the Hinkley Point nuclear project with Chinese investment. Meanwhile, Chinese investors aren't sitting idle in Scotland with some large enterprises already setting their foot here in the fields of oil and gas as well as renewable energy. This year saw another major Chinese investment in offshore wind farms.

As a major player on the global stage of investment, Chinese enterprises work hand-in-hand with their counterparts in the spirit of mutual respect and trust, achieve wins for both sides and contribute to global economic and social development. In doing so, Chinese investment enjoys a good reputation and warm reception worldwide.

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CONSULATE-GENERAL OF THE PEOPLE'S REPUBLIC OF CHINA IN EDINBURGH 2009 Copyright