130 likes | 220 Views
Explore China's overseas direct investment trends, major players, and policies affecting environmental and social standards. Learn about the sectors and regions targeted by China's ODI, with insights on the role of international society.
E N D
World Resources Institute Emerging Actors in Development Finance: Where Does China Stand? Xiaomei Tan, Ph.D. Senior Associate International Financial Flow and the Environment Project World Resources Institute October 20th, 2010
Structure • Overview of China’s overseas direct investment (ODI); • Major players in China’s ODI; • Current policy framework relevant to environmental and social standards; • What the international society can do?
Trend of China’s overseas direct investment (ODI) In 2009: China’s annual ODI accounted for 5.1% of global annual ODI; Ranked first among developing countries; Ranked fifth globally Source: China Statistics Yearbook, 2006; 2007;2008; 2009 China Foreign Investment Annual Report
Which sectors does China’s ODI focus on? Source: China Statistics Yearbook, 2006; 2007;2008
What regions does China’s ODI focus on? Source: China Statistics Yearbook, 2006; 2007;2008
Major players in China’s ODI MOC: Ministry of Commerce; SASAC: State-owned Asset Supervision and Administration Commission; NDRC: National Development and Reform Commission; SAFE: State Administration of Foreign Exchange; MOF: Ministry of Finance; CBRC: China Banking Regulatory Commission;
Procedure for certificates of approval Source: GEI, Environmental Policies on China’s Investment Overseas
Top three banks financing China’s ODI Source: 2009 EXIM Annual Report; 2009 China Development Bank Annual Report; 2009 Bank of China Annual Report
Environmental protection policy related to financing Source: China Banking Regulatory Commission (CBRC) website
Largest state-owned enterprises ranked by ODI Source: 2009 Petroleum China Annual Report; 2009 CNOOC annual report ; SinoHydro Corporation Website
Environmental protection policy related to ODIs Source: Ministry of Commerce (MOC) website
What the international society can do? • Provide analytical excellence and technical expertise; • Offer best practice examples; • Direct engagement with key decision-makers; • Convene discussions with NGOs, the private sectors and policymakers on China’s ODI.