China's outbound direct investment will grow steadily this year, enabling Chinese companies to tap into wider markets and support longer-term economic expansion in host countries, said experts and business leaders.
The overseas expansion of Chinese companies is no longer about exporting products, but about delivering technological systems and managerial expertise that help upgrade local industries, create jobs and energize local economies, they said.
This shift is underpinned by China's commitment to high-level opening-up and the strength built through industrial upgrading and technological innovation, they added.
Chin
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