China Govt promotes healthy development of outbound investment - RTRS

The official Xinhua news agency noted on Monday, the Chinese government promoted the healthy development of outbound investment, as ongoing weakness in the Yuan revives concerns over capital outflow, Reuters reports.

Further, officials from the National Development and Reform Commission (NDRC), the Ministry of Commerce (MOFCOM), the People's Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) said China will stick to its strategy of encouraging offshore investment.