BEIJING http://www.hockeygoldenknightsshop.com/authentic-vegas-strong-golden-knights-jersey/ , Jan. 16 (Xinhua) -- China's non-financial outbound direct investment (ODI) saw a drastic decline in 2017 amid government efforts to curb irrational investment overseas.
Chinese investors spent a total of 120 billion U.S. dollars on 6,236 enterprises from 174 countries and regions last year, the Ministry of Commerce (MOC) said in a statement.
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Han Yong, an official with the MOC, said that "irrational outbound investment has been curbed."
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No new projects were reported in property, sports or entertainment in the last two months.
China's ODI has seen rapid growth in recent years. However, noting an "irrational tendency" in outbound investment, Chinese authorities have set stricter rules and advised companies to make investment decisions more carefully.
In a document released in August http://www.hockeygoldenknightsshop.com/authentic-tomas-hyka-golden-knights-jersey/ , the State Council said overseas investment in areas including real estate, hotels, cinemas, and entertainment would be limited http://www.hockeygoldenknightsshop.com/authentic-teemu-pulkkinen-golden-knights-jersey/ , while investment in sectors such as gambling would be banned.
In November, the National Development and Reform Commission, China's economic planning body, released a new draft rule on outbound investment http://www.hockeygoldenknightsshop.com/authentic-t-j-tynan-golden-knights-jersey/ , including stipulations on the investment activities of firms established overseas by domestic companies.
Investment in 2017 mainly went to leasing and commercial services, manufacturing, wholesale and retail, and information technology sectors.
Meanwhile http://www.hockeygoldenknightsshop.com/authentic-stefan-matteau-golden-knights-jersey/ , ODI to countries involved in the Belt and Road Initiative has been encouraged.
In 2017, China's non-financial ODI in countries involved in the Belt and Road Initiative totaled 14.36 billion U.S. dollars, accounting for 12 percent of the total, up from 8.5 percent in 2016.
Shanghai stocks closed at a two-month high yesterday after market sentiment was bolstered by the central bank’s fund injection.
The Shanghai Composite Index rose 0.24 percent to 3 http://www.hockeygoldenknightsshop.com/authentic-shea-theodore-golden-knights-jersey/ ,444.67 points, the highest close since November 13.
The People’s Bank of China injected a net 100 billion yuan (US$15.5 billion) into the banking system through open market operations, which helped increase liquidity and lifted investor sentiment, Merchants Securities said in a report.
Meanwhile http://www.hockeygoldenknightsshop.com/authentic-reilly-smith-golden-knights-jersey/ , “investors expect high growth in banks and securities companies as their share prices have stayed at relatively low” for some time, said Liu Li, an analyst at Shanxi Securities.
Zheshang Securities Co soared 9.04 percent to 17.49 yuan, and Bank of Nanjing gained 5.52 percent to 8.99 yuan.
By Sportswriter Yue Dongxing
BEIJING， Dec. 29 (Xinhua) -- Italian Marcello Lippi is looking to start the new year with his first victory at the helm of the Chinese men's national team. The World Cup-winning coach will lead China's challenge against Iceland at the soon-to-be inaugurated China Cup in January 2017.
Lippi improved China's performance a great deal during his first official match in November， helping to produce a dominating display. But he ultimately failed to bring the team a desperately-needed win over Qatar in the final Asian qualifying round for the 2018 World Cup.
With less than three months to go before the do-or-die match against South Korea， the stakes could not be higher for Team China. The China Cup， an A-grade international event acknowledged by the world football ruling body FIFA， is regarded as an important platform for the host team to hone their skills ahead of what remains a long-shot bid for Russia 2018. The China Cup is set to bring some impressive teams into the mix， including world No. 4 Chile and star-studded Croatia.
To kick off the first edition of this international football championship on January 10， China will take on Iceland， who currently rank 21st and pulled off a miracle in 2016 by making the last eight of the European Championship for the first time.
If Lippi manages to inspire China to push the elite European team to perform at their best level， or even pushes them hard enough to score a victory， it could bring about a much-needed confidence boost for his team.
Confidence， it seems， is the name of the game for Lippi in his current work with Team China.
"It's not only about improving in tactics and competitive level. Rebuilding confidence for the team is more important at the moment，" said Lippi in his first prematch conference before the clash against Qatar.
Football officials appear to be behind Lippi's vision， and see the China Cup as a huge opportunity for the national squad.
Zhang Jian， Vice President of the Chinese Football Association (CFA)， said that the China Cup will provide an opportunity both for Lippi to tune up his squad， and for the Chinese players to sharpen their skills for the remaining World Cup qualifiers， which are set to resume in March.
Meanwhile， Wang Jianlin， President of the Wanda Group (which initiated the China Cup under the auspices of CFA)， also has high hopes for the tournament.
"We are only inviting overseas teams that ranked among the top 30 in the FIFA world rankings，" said Wang. "We hope that China Cup will become a great platform for the Chinese national team to play against top-class teams in the world， and also a great opportunity to promote the development of the sports industry in China."
According to the player list， Lippi will use this chance to observe the team's young talent; he did not up call any regulars from the national squad.
In the latest roster， there are no familiar names such as captain Zheng Zhi， central-defender Feng Xiaoting and the target man Gao Lin， who are all from Guangzhou Evergrande.
Instead， Lippi will g. Authentic Kareem Hunt Jersey Julio Jones Womens Jersey JuJu Smith-Schuster Womens Jersey Jimmy Garoppolo Womens Jersey Jason Witten Youth Jersey Jared Cook Youth Jersey Jalen Ramsey Youth Jersey Ezekiel Elliott Kids Jersey Drew Brees Saints Jersey David Johnson Cardinals Jersey
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