[The Ministry of Commerce, the National Bureau of Statistics and the State Administration of Foreign Exchange jointly released the "2025 Statistical Bulletin on China's Outward Direct Investment"] On September 23, the Ministry of Commerce, the National Bureau of Statistics and the State Administration of Foreign Exchange jointly released the "2025 Statistical Bulletin on China's Outward Direct Investment" (hereinafter referred to as the "Bulletin"). The "Communique" is divided into six parts: a summary of China's foreign direct investment, China's foreign direct investment flow and stock, China's direct investment in the world's major economies, the composition of foreign direct investors, the composition of foreign direct investment enterprises, and appendices. It comprehensively reflects the situation of China's foreign direct investment in 2025. Foreign investment mainly presents the following characteristics: First, the scale of foreign direct investment ranks among the top in the world, showing a trend of diversified investment. In 2025, China's foreign direct investment flow will be US$213.58 billion, an increase of 11.1% over the previous year, and its foreign investment stock will be US$3.4 trillion, ranking among the top three in the world for nine consecutive years, and its proportion of global investment will increase to 7.4%. The foreign investment industry covers 18 industry categories of the national economy, mainly concentrated in the four fields of leasing and business services, wholesale and retail, manufacturing and finance. In recent years, it has gradually expanded steadily to areas such as green and low-carbon, digital economy and green minerals. Second, mutual benefit and win-win results have been achieved. As of the end of 2025, China had established 58,000 enterprises overseas, covering 189 countries and regions. The total number of employees employed by overseas enterprises was 4.761 million, of which 2.965 million were foreign employees. Chinese enterprises actively integrate into the global and regional economies overseas, which not only drives their own development and enhances competitiveness, but also makes important contributions to the industrial development of host countries and the stability and security of global production and supply chains. Third, the Belt and Road cooperation has yielded fruitful results. In 2025, Chinese enterprises will invest US$46.05 billion in direct investment in countries jointly building the “Belt and Road”, accounting for 21.6% of that year’s foreign investment flows. There will be 22,000 overseas companies established in the countries jointly building the “Belt and Road”, with an investment stock of US$407.25 billion. The “One Belt, One Road” initiative has built a broad platform for Chinese enterprises to invest overseas, realizing a good pattern of “co-discussion, co-construction, and sharing”.