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Anhui’s outbound investment reached $1.518 billion in 2021, up 5.6 percent year-on-year, higher than the national average of 3.2 percent, the Department of Commerce of Anhui Province said. The growth brought the province to the 2nd place in the Central China region and the 11th in China. 98 foreign-funded enterprises were newly established in the province last year, down 4.8 percent from a year earlier. As of the end of 2021, the province’s outbound investment stood at $9.15 billion, or 0.43 percent of the national total, covering 108 countries and regions around the world. The province’s outbound investment into the manufacturing sector reached $477 million last year, followed by $447 million into the rental business and the business service sector and $207 million into the supply of power, heat, gas and water. 38 overseas countries and regions were the destinations of the outbound investment, including Hong Kong, Singapore, Cayman Islands and Germany.
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