In the first half of this year, a total of 422 mergers and acquisitions deals were completed in China, down 21.3 percent year-on-year.
Chinese investor sentiment toward mergers and acquisitions has cooled further amid concerns of slowing economic growth.
China's non-financial overseas direct investment (ODI) surged 94.5 percent year on year to $16.55 billion in the first quarter of this year.
China should spare no effort in helping energy companies go abroad in the years ahead, despite the restrictions some countries have set on investments and possible political risks.
China is gearing up to channel more foreign reserves toward overseas acquisitions, and the next two years would be a key period for Chinese enterprises to buy overseas assets from European and North American companies.
The total number and sum of overseas merger and acquisition (M&A) deals in 2011 made by Chinese enterprises reached a record high, which stands at 207 and $42.9 billon respectively.
The National Development and Reform Commission (NDRC), China's top economic planner, recently approved seven overseas merger & acquisition (M&A) projects by China's three oil giants, Yunnan Info Daily reported Tuesday.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
