FDI outflows from China increased 44 percent year on year to 183 billion U.S. dollars last year, driven by a surge in cross-border mergers and acquisitions by
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The report was jointly released by the United Nations Conference on Trade and Development (UNCTAD) and the Chinese Academy of International Trade and Economic
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The United States remained the largest investor worldwide, while the Netherlands ranked third.
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Despite a 15-percent decline in FDI inflows to developing Asia, China remained the third-largest recipient of FDI in 2016 Nike Air VaporMax Mujer Baratas , behind the United States and Britain, with inflows falling 1 percent year on year to 134 billion dollars.
James Zhan, director of UNCTAD's investment and enterprise division Nike Air VaporMax Baratas , said China's outward investment will stay at a high level as the country pushes forward Belt and Road development and international
industrial capacity cooperation.
However, the country's outbound investment needs an improvement in quality and may face challenges from protectionism, Zhan cautioned.
Globally Nike Air Max 270 Baratas , FDI flows dropped 2 percent to 1.75 trillion dollars in 2016, according to the report.
It predicted a modest recovery in global FDI flows for 2017, expecting them to increase 5 percent to 1.8 trillion dollars.
Chinese president arrives in Kazakhstan for state visit Nike Air Max 97 Ultra 17 Baratas , SCO summit, Expo 2017
BRICS media open photo exhibition in Beijing
Polls open for British snap election ahead of Brexit talks
Chinese Pavilion to display achievements on World Expo in Astana, Kazakhstan
Total of 9.4 million students to attend 2017 Gaokao in China
Three giant pandas return to Chengdu from Japan to start new life
Scenery of Dongchuan Red Land in SW China's Yunnan
Macaques attract tourists at scenic spot in SW China's Chongqing
JAKARTA, Dec. 7 (Xinhua) -- Indonesian Social Minister Khofifah Indar Parawansa said on Wednesday that relief aid and volunteers will be immediately
sent to the westernmost province of Aceh which was just hit by a devastating
earthquake earlier in the day.
"We want to assure that our mobile food processor can access the location in Pidie Jaya. We would maximize our assistance and relief distribution to the
affected area despite problems due to the cracked roads heading there," the
minister said in a statement.
She said about 33,000 volunteers will also be deployed to Pidie Jaya.
First batch of materials to arrive will be foods, tents and clothes and the National Disaster Mitigation Agency will cooperate with the Social Ministry and
local authorities in the rescue work, the minister said.
An earthquake of 6.4 magnitude struck Pidie Jaya at 5:03 a.m. Wednesday local time, followed by aftershocks in several minutes.
An official at Aceh disaster mitigation agency said that the earthquake has killed at least 40 people and injured 190 others with tens of others still
trapped under piles of debris of collapsed buildings.
Epicenter of the earthquake was identified in 10 kilometers north of Aceh northern city of Reuleut, at a depth of 17 kilometers. No tsunami warning has
been issued by Indonesian climatology and geophysics agency.
Officials overseeing the affected district of Pidie Jaya, located 18 kilometers southwest from the epicenter, said that at least 40 buildings
collapsed due to the earthquake.
Activities to evacuate victims are underway at present. Excavators were deployed to remove debris from collapsed buildings.
Video footage taken by amateurs showed eerie situation on the scene. A two-story mosque collapsed and flattened to the ground. Another footage showed a
collapsed compound of shops which was also used as houses where many are
believed to be still trapped under piles of debris.
A collapsed house was seen fall onto a car whose lamps were still on and its alarms continue to emit warning sounds.
Reports said that residents in the district frantically sought higher ground to save their families' lives.
Aceh province's capital of Banda Aceh saw a deadly earthquake in Dec. 2004 that was followed by tsunami, killing over 160,000 people.
Indonesia, the world's largest archipelago, is prone to earthquakes due to its location on the Pacific "Ring of Fire," an arc of volcanoes and fault lines
in the Pacific Basin.
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