An aerial drone photo taken on Sept. 15, 2024 shows a view of free zone area of the Gwadar port in Gwadar, southwest Pakistan. Launched in 2013, China-Pakistan Economic Corridor (CPEC), the flagship project under the China-proposed Belt and Road Initiative (BRI), is a corridor linking Gwadar port with Kashgar in northwest China's Xinjiang Uygur Autonomous Region, highlighting energy, transport, and industrial cooperation. [Photo/Xinhua]

China's non-financial outbound direct investment (ODI) rose 10.5 percent year on year in 2024, further solidifying its position as a major player in outward investment, data released Tuesday by the Ministry of Commerce shows.

Total non-financial ODI of the country amounted to 143.85 billion U.S. dollars last year, according to data revealed at a meeting on China's outbound investment, international cooperation and foreign aid work.

China has made positive progress in overseas investment, international cooperation and foreign aid work last year, the meeting said, adding that the country will further promote the high-quality development of work in these areas this year.

China will further promote international cooperation in industrial and supply chains, enhance its foreign investment management system, and strengthen the protection of its overseas interests, according to the meeting.