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NEW YORK, Aug. 8 (Xinhua) -- Chinese outbound investment flows may reach 1.5 trillion U.S. dollars over the next 10 years Derek Stepan Womens Jersey , as key Chinese policies will underpin future overseas investment, a report said Tuesday.


China's outbound investment is set to grow 70 percent over the next 10 years from a total of 880 billion dollars over the period of 2007 to 2016, predicted the report published by international law firm Linklaters LLP.


The outbound investment and acquisitions from China will continue to be a significant force in the coming years, as China's long-term policies and initiatives such as "Made in China 2025" and the Belt and Road Initiative have outbound deals at the core, the report said.


The "Made in China 2025" strategy, a roadmap released by China's State Council in 2015 to guide the country's advanced industrial manufacturing Christian Dvorak Womens Jersey , has seen steady progress in industrial capability, smart manufacturing, innovation, as well as product quality and branding.


Proposed by China in 2013, the Belt and Road Initiative comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and aims to build a trade and infrastructure network connecting Asia Max Domi Womens Jersey , Africa and Europe along ancient Silk Road trade routes and beyond.


According to the report, such initiatives mean that the high level of outbound investment is likely to be focused on sectors such as energy infrastructure and high-end technology and electronics, which may be seen by host governments as "strategic" to national security or national interest.


This may lead to increased regulatory scrutiny of Chinese outbound deals from foreign governments.


The report commended the Chinese government's efforts in supporting the successful execution of outbound deals.


Peter Cohen-Millstein, partner of Linklaters in New York, told Xinhua that "lessons are being learned both in China and around the world which will undoubtedly help to reduce friction and increase deal flow momentum."


Aftermath of 7.0-magnitude quake in Jiuzhaigou, SW China


70 years of ethnic autonomy means solidarity Anthony Duclair Womens Jersey , prosperity


German-Chinese Law Dictionary launched in Berlin


Death toll rises to 24 from flash flood in SW China


People mark national Fitness Day around China


Aerial view of Gula Town in S China


Qiandao Lake: Home to 114 known fish species


Delicious in-flight meal for BRICS Summit


SEOUL, Aug. 1 (Xinhua) -- South Korea's headline inflation posted 2.2 percent last month as heavy rain and heat wave raised prices for fruit and vegetable, a government report showed Tuesday.


Consumer prices increased 2.2 percent in July from a year earlier, according to Statistics Korea. The consumer price inflation, which stayed below 2 percent last year, hovered around 2 percent this year.


The consumer price inflation posted 2 percent in January Tobias Rieder Womens Jersey , 1.9 percent in February, 2.2 percent in March, 1.9 percent in April, 2 percent in May and 1.9 percent in June respectively.


The high level of inflation put more pressures on the Bank of Korea (BOK) to hike its benchmark interest rate. The BOK lowered its policy rate from 3.25 percent in July 2012 to an all-time low of 1.25 percent in June last year.


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