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  • THE ECONOMIC OBSERVER
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    Chinese Companies Invest 260 Billion Dollars Abroad

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    At a forum held on Apr 27, vice president of the China Council for the Promotion of International Trade Dong Songgen informed attendees that it was obvious that Chinese companies had picked up the pace of their investment abroad over recent years, and that as of the end of 2010, companies had invested a total of 260 billion dollars overseas.
    Kong Linglong of the National Development and Reform Commission also addressed the conference, noting that China's opening-up strategy had changed from simply being about importing to a combination of "bringing things in" and "going out."

    Source
    Shanghai Securities Journal

    Google Translation

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