Vice Chairman of the SASAC of the State Council Li Zhen: As of the end of September, central enterprises had utilized over US$120 billion in foreign investment cumulatively.

Li Zhen, Deputy Director of the State-owned Assets Supervision and Administration Commission of the State Council, stated at the Hongqiao International Economic Forum sub-forum "Corporate Strength in a Changing Landscape: Building More Sustainable Industrial Partnerships" that as of now, central enterprises have established over 17,000 institutions and projects in more than 180 countries and regions, with overseas assets nearing 10 trillion yuan. In the first three quarters of this year, central enterprises imported goods from 177 countries, with total imports increasing by 5.1% year on year. As of the end of September, central enterprises had entered into joint ventures and cooperation with 301 enterprises in 39 countries, utilizing a cumulative total of over US$120 billion in foreign investment.