China's outbound direct investment dropped 5.3% in the January-May period from a year earlier, the Ministry of Commerce said Thursday.
That figure compared with compared with a 2.2% increase in the first four months of the year.
Direct investment to countries in Beijing's Belt and Road initiative rose 13.8% in the first five months from the same period a year ago, said Gao Feng, the ministry's spokesman.
Mr. Gao said in a weekly briefing that the ministry has taken notice of recent commodity price surges and will work with local governments to help exporters.
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(END) Dow Jones Newswires