Comparison of China's direct investment in Asia, Europe and America 中国在亚洲、欧洲和美洲的经济和直接投资比较

2.3.3 Industrial distribution of direct investment in Tajikistan

China's main investment enterprises in Tajikistan include Zijin mining, Tazhong international, Huaxin Cement, and Haili company established by Xinjiang Construction Corps in Tajikistan, mainly involving mining, agriculture, telecommunications, cement and other fields.

2.3.4 Industrial distribution of direct investment in Turkmenistan

At present, 37 Chinese funded enterprises have completed registration in Turkmenistan, involving a total investment of more than 4.5 billion US dollars. The investment industries are mainly oil and gas, chemical industry, transportation and communication, food industry and construction industry, agriculture, textile, etc. the main investment projects are the local oil well repair and drilling project implemented by Sinopec Shengli Petroleum Administration and the China Turkmenistan natural gas pipeline project undertaken by China National Petroleum Corporation.

2.3.5 Industrial distribution of direct investment in Uzbekistan

At present, 488 Chinese funded enterprises have been registered in Ukraine, and there are also 7L representative offices. The main investment industries are natural gas pipeline construction and operation, oil and gas exploration and development, coal mine and uranium mine exploration and development, railway and telecommunications network reconstruction, power station, chemical plant construction, pump station, land improvement, leather and ceramics.

2.4 The investors of China's foreign direct investment

2.4.1 Proportion of central enterprises and local enterprises in China's foreign direct investment

Central enterprises account for a large proportion of China's foreign direct investment. It can be seen from Figure 3 that the gap between the investment stock of central enterprises and local enterprises is getting smaller and smaller. By the end of 2018, the gap between the investment stock of central enterprises and local enterprises had narrowed to only 34.9%, and the proportion of local enterprises' external investment stock exceeded 30% for the first time. Among the non-financial foreign direct investors, the central enterprises and units accounted for only 3.5%, and the investors of various provinces, autonomous regions and municipalities accounted for 96.5%. This shows that although the number of registered companies of central enterprises is small, the proportion of investment stock is very large, indicating that the investment volume of each company of central enterprises is very large.

Figure 3: proportion of China's central and local enterprises' outward direct investment stock from 2016 to 2019
Data source: statistical bulletin of China's foreign direct investment (2017-2020).