China to invest $500 billion in other countries’ economies by 2020 — President Xi Jinping

"The Chinese economy has entered
a new stage of its development,
which will be for the benefit of all
world
countries," the Chinese
leader said
BOAO /China/, March 28. /TASS/. The volume of China’s investment in other countries’ economies by 2020 will exceed $500 billion, President Xi
Jinping said while speaking at the
opening of the Boao Forum for Asia
annual conference 2015.
"The Chinese economy has entered a
new stage of its development, which
will be for the benefit of all world
countries," the Chinese leader said.
He said the volume of "Chinese
investment abroad will exceed $500
billion over the next five years."
This year, some 2,000 politicians,
economists and representatives of
business circles take part in the
forum’s work. The Russian delegation
is led by First Deputy Prime Minister
Igor Shuvalov.