Analysis of China's Outward FDI Stock Growth over the Past 6 Years
From 2018 to 2023, China's outward FDI stock increased from $1.98 trillion to approximately $2.90 trillion, with a CAGR of about 7.9%, reflecting the deepening globalization of Chinese enterprises.
Overall Trend
- From 2018 to 2023, China's outward FDI stock steadily increased from $1.98 trillion to $2.90 trillion.
- The compound annual growth rate (CAGR) was approximately 7.9%, maintaining a stable growth pace.
Driving Factors
- Policy Support: The Belt and Road Initiative promotes infrastructure construction and production capacity cooperation.
- Industrial Upgrading: Manufacturing and technology enterprises accelerate overseas expansion, seeking technology, brands, and markets.
- Digitalization: New overseas business models such as cross-border e-commerce and fintech are developing rapidly.
Regional Distribution
- Asia still holds the largest share, with investment in Belt and Road countries continuing to grow.
- Investment in Europe and North America has slowed due to geopolitical factors, but the stock remains substantial.
Future Outlook
- Stock growth is expected to continue, but the pace may be affected by global economic uncertainties.
- Green energy and digital economy will become new growth drivers.
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