050100150200250300350050100150200250300350010203040506070802011 2012 2013 2014 2015 2016bynumbers
china3.74 million
us$417 billion
us$4.3 trillion
7.4%
2.4 million
The increase in the number of
Chinese rural labourers working
in non-agricultural jobs for more
than six months in their home-
towns between 2016 and 2015,
compared with a 0.5 million
increase in those who moved
away from their hometowns for
jobsThe deficit of China’s non-reserve finan-
cial accounts in China’s balance of inter-
national payment by the end of 2016The balance of wealth management
products sold by China’s banking sec-
tor by the end of April, US$159 billion
more than by the end of MarchThe year-on-year rise in the
producer price index (PPI), a
precursor of profits for industrial
enterprises, for the first quarter in
China, the highest since the fourth
quarter 2008Tons of China’s tea output in 2016,
accounting for 42 percent of the
world’s total, the largest globallySource: National Bureau of Statistics
of ChinaSource: National Bureau of Statistics of ChinaSource: China Banking Regulatory CommissionSource: State Administration of Foreign Exchange of
ChinaSource: Ministry of Agriculture of ChinaComparison of PPI among sectorsUS$661.1 billion increase in China’s capital outflow
towards investment in overseas assetsUS$244.1 billion increase in investment in China by
overseas investorsChinese workers leaving their hometownsshare of total rural workers
Y-o-y growth of Chinese rural workers leaving their hometownsAmount
shareAmount
share-1001020304050607080Oil and gas extractionCoal mining and washingFerrous metallurgyOil processingnon-ferrous metallurgy
Food manufacturingAuto manufacturingIncrease in outbound FDIIncrease in portfolio investmentIncrease in financial derivatives Increase in other assetsIncrease in inward FDIIncrease in inward portfolio investmentIncrease in inward financial derivatives investmentIncrease in other foreign investment in China18.9 percent year on year.
While US infrastructure received the
least investment from China of all sectors
from 2000 to 2015, it became the second
largest sector for Chinese investors in 2016,
according to the recent Rhodium report.
China’s record and speed in building mas-
sive infrastructure projects in recent years
have been widely recognised and the two
countries have great potential to strengthen
cooperation on infrastructure, but chal-
lenges remain abound.
Li Wei, a researcher with the National
Academy of Development and Strategy,
Renmin University of China, said China
is skillful in lower-cost infrastructure con-
struction, adding that China’s traditional
way of outbound investment overseas in
the area of infrastructure, however, was
driven by the mode of exporting capital,
technology and labour force in a bundle,
which makes it difficult to increase local
employment and is expected to meet seri-
ous barriers under the Trump administra-
tion.
“Trump welcomes China’s capital and
technology rather than Chinese facilities,
raw material and labour force,” he told
ChinaReport.
Zhang Shuyu believed that it is unavoid-
able for Chinese enterprises to encounter
plenty of scepticism in the US, just like
Japanese companies a couple of decades
ago, and Chinese investments are likely to
fail if they don’t research the market care-
fully.
“Even though the US has a good invest-
ment environment, a sound legal system as
well as favourable policies, many Chinese
enterprises ended up making a loss in the
US market,” Zhang told our reporter. “In
cross-boundary investment, investors face
very different challenges to China.”
“President Donald Trump’s pro-business
policies including tax reform, deregulation
and his infrastructure plan are a boon for
Chinese enterprises. It is crucial to identify
areas where the benefits of both countries
could meet and where the two countries
could work together,” he continued.