CHENGDU, Dec. 27 (NBD) -- China is estimated to have absorbed 113 billion US dollars foreign investment (not including the financial sector) throughout 2016, ranking 1st among developing countries for 25 consecutive years, said Gao Hucheng, Minister of Commerce of China.

Meanwhile, China's outbound investment grows rapidly. In the first 11 months this year, non-financial overseas investment increased by 55.3%. The total non-financial overseas investment in 2016 is estimated to reach 161 billion US dollars.