2023年上半年中國海外投資概覽-安永

OverviewofChinaoutboundinvestmentofH120232023年上半年中國海外投資概覽2023年8月14日第2頁第2頁國際供應(yīng)鏈促進(jìn)博覽會(huì)等活動(dòng)也將進(jìn)一步為中企的國際化發(fā)參與境外項(xiàng)目ā,并提出將?更好指導(dǎo)支持民營企業(yè)防范應(yīng)對(duì)貿(mào)易保護(hù)主義、2023年上半年中國海外投資概覽本期摘要本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀對(duì)外直接投資1中國全行業(yè)對(duì)外直接投資753.6億美元，同比增長9.6%；非金融類對(duì)外直接投資622.9億美元，同海外并購2對(duì)外承包工程1對(duì)外承包工程新簽合同額946.7億美元，同比下降8.6%；完成營業(yè)額707.3億美元，基本持平。第3頁2023年上半年中國海外投資概覽1,3291,171405178150581,3291,17140517815058本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀中國全行業(yè)對(duì)外直接投資753.6億美元，同比增長9.6%?其中非金融類對(duì)外直接投資622.9億美元，同比增長14.8%非金融類直接投資115.7億美元，同比增長15.4%1,5001,4521,4651,500397380345397380345343322301296301296310264754349754349405458500396500292257318257020192020202120222023203210200545352545352444849484939421165858116585850323038100485053020192020202120222023第4頁2023年上半年中國海外投資概覽5824161609020001351381221401181532242009001179380389588471671697318017115613713919779252本期摘要對(duì)外直接投資5824161609020001351381221401181532242009001179380389588471671697318017115613713919779252拉美地區(qū)并購金額逆勢大幅上漲，二季度海外并購數(shù)量驟降至2023年上半年：7828006003178628531786285762019202020212022202380064853553454514753553454514714040014114112314012113420192020202120222023第5頁2023年上半年中國海外投資概覽其他消費(fèi)品電力與公用事業(yè)房地產(chǎn)、酒店與建造20%運(yùn)輸金融服務(wù)先進(jìn)制造與醫(yī)療與生命其他消費(fèi)品電力與公用事業(yè)房地產(chǎn)、酒店與建造20%運(yùn)輸金融服務(wù)先進(jìn)制造與醫(yī)療與生命科學(xué)其他消費(fèi)品金融服務(wù)先進(jìn)制造與運(yùn)輸房地產(chǎn)、酒店與建造電力與公用事業(yè)采礦和金屬 本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀2023年上半年：130.5216.4316.0412.5511.92.中企收購英國某房地產(chǎn)投資信托基金（約10.3億1692313294285第6頁2023年7月5日下載；安永分析2023年上半年中國海外投資概覽16.3億美元87宗19.5億美元16.3億美元87宗19.5億美元49宗非洲6.1億美元6宗13.9億美元本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀29.6億美元61宗32億美元9宗大洲大洲金額宗數(shù)第7頁2023年上半年中國海外投資概覽本期摘要本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀32億美元9宗一。29.6億美元61宗金融服務(wù)業(yè)，其他熱門行業(yè)還包括采礦與金屬業(yè)和第8頁2023年上半年中國海外投資概覽19.5億美元49宗19.5億美元49宗13.9億美元同比增長225%本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀16.3億美元同比下降61%6.16.1億美元同比下降24%第9頁2023年上半年中國海外投資概覽24682023年上半年中企宣布的海外并購前十大目的地24682023年上半年中企宣布的海外并購前十大目的地2023年2022年1413731320520798781意大利84因越南721法國79里馬來西亞76本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀2023年上半年中企宣布的海外并購前十大目的地2023年2022年130.3//221.29.8319.326.4413.94.15因越南4.71.56一德國4.12.27二埃及3.8//83.211.792.44.02.3//第10頁2023年上半年中國海外投資概覽本期摘要對(duì)外直接投資本期摘要對(duì)外直接投資海外并購對(duì)外承包工程安永推薦閱讀對(duì)外承包工程新簽合同額持續(xù)下降，完成營業(yè)額?新簽合同額946.7億美元，同比下降8.6%?完成營業(yè)額707.3億美元，基本持平1.阿聯(lián)酋某單體公寓建設(shè)項(xiàng)目（總投資約10.07億美元）2.東非原油外輸管道項(xiàng)目（合同金額約8.06億美）3.沙特某石化工程總承包項(xiàng)目（合同金額約7.2億美元）1.資料來源：公開信息整理第11頁2023年上半年中國海外投資概覽2023年上半年中國對(duì)外承包工程新簽合同額（億美元）3,0002,0001,00009471,060435113640810524309471,06043511364081052430989492569569535518554553506562474515432201920202021202220232023年上半年中國對(duì)外承包工程完成營業(yè)額（億美元）2,0001,5001,00050004803644753957073913724161,5601,5491,5507084803644753957073913724161,5601,5491,55070831864730737837830129031732628033120192020202120222023?加拿大??加拿大?加勒比地區(qū)?玻利維亞?厄瓜多爾?委內(nèi)瑞拉?澳大利亞?印度尼西亞?馬來西亞?斯里蘭卡1,600+3,200+34,000+74,000+*以上為過去三年的數(shù)據(jù)國際化背景和本土化專業(yè)人才多種語言的無縫專業(yè)服務(wù)國際化背景和本土化專業(yè)人才多種語言的無縫專業(yè)服務(wù)豐富的跨國服務(wù)經(jīng)驗(yàn)和全面的服務(wù)領(lǐng)域?哈薩克斯坦?吉爾吉斯斯坦?羅馬尼亞?烏茲別克斯坦?沙特阿拉伯?阿爾及利亞?剛果民主共和國?埃塞俄比亞?莫桑比克?尼日利亞?津巴布韋第12頁2023年上半年中國海外投資概覽+861058154057+861058153891+862122283388eric.chia@+85226293133loletta.chow@+861058153230andrew.choy@+862122282816+862122282798+861058152805julie.hao@+861058152086+862122282205+862122288789?美洲區(qū)+16173753792?歐洲、中東、印度及非洲(EMEIA)區(qū)+33146934363qinghua.xu-pionchon@ric.c.xiao@ca.ey.c+49211935220153+551196252084fernanda.chang@+442079517952?亞太區(qū)+61292485008john.li@+6563096275第13頁第13頁安永是指Ernst&YoungGlobalLimited的全球組織，加盟該全球組YoungGlobalLimited是注冊(cè)于英國的一家保證（責(zé)任）有限公司，不對(duì)外安永的宗旨是建設(shè)更美好的商業(yè)世界。我們致力幫提供任何服務(wù)，不擁有其成員機(jī)構(gòu)的任何股權(quán)或控制權(quán)，亦不擔(dān)任任何成員機(jī)構(gòu)的總部。請(qǐng)登錄/privacy，了解安永如何收集及使用個(gè)人信助客戶、員工及社會(huì)各界創(chuàng)造長期價(jià)值，同時(shí)在資息，以及在個(gè)人信息法規(guī)保護(hù)下個(gè)人所擁有權(quán)利的描述。安永成員機(jī)從事當(dāng)?shù)胤山沟姆蓸I(yè)務(wù)。如欲進(jìn)一步了解安永，請(qǐng)瀏覽。安永堅(jiān)持創(chuàng)新與技術(shù)投入，通過一體化的高質(zhì)量服?2023安永，中國。APACno.03017983安永團(tuán)隊(duì)對(duì)當(dāng)前最復(fù)雜迫切的挑戰(zhàn)，提出更好的問本材料是為提供一般信息的用途編制，并非旨在成為可依賴的會(huì)計(jì)、稅務(wù)、法律或其他專業(yè)意見。請(qǐng)向您的顧問獲取具體意見。/china2023年上半年中國海外投資概覽OverviewofChinaoutboundinvestmentofH12023growthmomentum,overseasM&AinLatinAmericaandOceaniasurgesdespitethetotalcontinuestodecline14Aug2023theeconomyhascontinuedtorecover,witha5.5%economicgrowthinthefirsthalf1,meetingexpectations.ThemomentumforChinesecompaniestogoabroadhasalsostrengthened,asoutwarddirectinvestment(ODI)continuestogrow.Upcomingeventsinthesecondhalfoftheyear,suchasthethirdBeltandRoadForumforInternationalCooperationandtheinauguralChinaInternationalSupplyChainExpo,willprovidefurtherplatformsforinternationalcooperationanddevelopmentforChinesecompanies.DevelopmentandGrowthofthePrivateEconomyexplicitlyencouragesprivateenterprises(POEs)toexpandoverseasoperationsandactivelyparticipateintheBeltandRoadInitiative(BRI).Italsooutlinessupportforguidingandassistingprivateenterprisesincounteringexternalchallengessuchastradeprotectionism,unilateralism,long-armjurisdictionandenhancingcoordinationamongrelevantdepartmentstoestablishriskpreventionandresolutionmechanismsforthesafetyofprivateentrepreneursandtheiroverseasinterests.EYbelievesthatthesemeasureswillgiveaccelerateinthesecondhalfoftheyear.However,companiesshouldremaincautiousaboutexternalchallenges,suchascontinuousslowdownininternationalmarketdemand,weaker-than-expectedglobaleconomicrecovery,increasingscrutinyonforeigndirectinvestments,andtherecentvolatilityintheRMBexchangerate,whichrequiresmoreattention.Source:1.ChinaNationalBureauofStatisticsOverviewofChinaoutboundinvestmentofH12023SummaryDatarevealsthatinH12023,amountedtoUS$62.3billion,up14.8%YOY,ofwhichnon-financialin2Chineseenterprisesannouncedatotaloverseasmergersandacquisitions(M&A)valueofonlyUS$11.7billion,theof33%quarter-on-quarter(QOQ)inthenumberofdealsannouncedinthesecondquarter,reachinganewlowforrecent?Sector-wise,power&utilitiesrankedasthetopsectorintermsofdealvalue,withfinancialservicesandadvancedmanufacturing&mobilityrankingsecondandthird,respectively.Thetopthreesectorsaccountedfor54%ofthetotaldealvalue,andpower&utilitiessectorexperiencedasignificantsurge.Intermsofdealvolume,thetopthreesectorswereTMT*,advancedmanufacturing&mobility,andfinancialservices,accountingfor58%ofthetotalvolume.?Regionally,LatinAmericarecordedthelargestM&Adealsinthisperiod,withonlyLatinAmericaandOceaniagrowthindealvalue,whileNorthAmericawastheonlyregionwithanincreaseindealvolume.Newly-signedcontractsforChinaoverseasengineering,procurement&construction(EPC)projectsamountedtoUS$94.7billion,decliningby8.6%YOY;completedturnoverwasUS$70.7billion,remainingrelativelystable.*TheTMTsectorreferstotechnology,media&entertainmentandtelecommunicationsSources:1.ChinaMOFCOM.2.Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon5July2023;EYanalysisPage3OverviewofChinaoutboundinvestmentofH12023117.139.738.034.534.375.434.940.5504.4117.139.738.034.534.375.434.940.5504.43.23.032.245.829.225.738.135.839.631.8DatarevealsthatinH12023,?Accountingfor18.6%ofthetotal.?Theseinvestmentsweremainlydirectedtowardcountriesandregions150145.2146.5150132.930.130.129.631.026.402019202020212022202320.321.017.82017.815.04.93.94.2105020192020202120222023Note:Duetorounding,sometotalsmaynotcorrespondwiththesumoftheindividualquarters.Source:MonthlyStatisticsinBrief,ChinaMOFCOMOverviewofChinaoutboundinvestmentofH1202360402011.78.07.38.860402011.78.016.916.7InH12023,?Moreover,dealvolumeannounrecentyears.78.28058.258.213.928.541.616.0931.725.27.602019202020212022202360040020006481801801711561415341401181531235351351381221405451471401371212249013420192020202120222023Note:Duetorounding,sometotalsmaynotcorrespondwiththesumoftheindividualquarters.Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon5July2023;EYanalysisOverviewofChinaoutboundinvestmentofH12023OthersOthersOthers6%InH12023,?IntermsofM&Adealvalue,thetopthreepopularsectorsinH12023werepower&utilities,financialservices,andadvmanufacturing&mobility,togetheraccountingfor54%ofthetotaldealvalue.Power&utilitiesexperiencedasubstantialgrowthof438%,whilefinancialservicesandrealestate,hospitality&constructionalsorecordedcertainincreases.?Notablelargetransactionsannouncedinthesecondquarterthisyearinclude:1.AChineseenterpriseacquiringtwopowerdistributionbusinessesandenergyservicecompaniesinPeru(totalingapproximatelyUS$2.9billion),whichwillhelptheChineseenterpriseexpandandconsolidateitspresenceintheLatinAmericanmarket;2.AChineseenterpriseacquiringarealestateinvestmenttrustintheUK(approximatelyUS$1billion).?Intermsofdealvolume,thepopularsectorswereTMT,advancedmanufacturing&mobility,andfinancialservices.TMTremainedthetophotsector,announcing69transactions,accountingforover30%ofthetotaldealvolume,farsurpassingothersectors.13.121.631.641.351.21692313294285**AM&Mreferstoadvancedmanufacturing&mobility;RHCreferstorealestate,hospitality&construction;HCLSreferstohealthcare&lifesciences;FSreferstofinancialserP&Ureferstopower&utilities;M&Mreferstomining&metals.Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddebeenannouncedbutnotyetcompleted,datawasdownloadedon5July2023;EYanalysisOverviewofChinaoutboundinvestmentofH12023US$1.6b87NorthAmerica49US$1.6b87NorthAmerica49AfricaUS$610m6US$1.4b61LatinAmericaLatinAmericaUS$3.2b9Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon5July2023;EYanalysisOverviewofChinaoutboundinvestmentofH12023otherpopularsectorsincludingmining&metalsandrealestate,hospitality&construction.?ThemaindestinationsforinvestmattachesgreatimportancetotheEuropeanmarketintermsofeconomicandtradecooperation.InJunethisyear,ChinesePremierLiQiangmadehisfirstofficialvisittoGermanyandFranceaftertakingoffice.LeadersfrocooperationwithGermanyandFranceinareassuchasautomobilemanufacturing,hightechnology,newenergy,digitaleconomyandsemiconductors.?In2023,theoveralleconomicgrowthofEuropeancountrieswillbeweak,withrelativelyhighinflationlevels.TheEurozoneisexpectedtogUS$3.2bLatinAmericarankedfirstforthefirsttimeinnearlyatoChinainH12023,HondurasestablishingdiplomaticrelationswithChina,andChinaandArgentinasigningacooperationplanundertheBRI.facilitatedtheprogressofChina-LatinAmericaeconomicandtraderelations.Additionally,the16thChina-LatinAmericaEntrepreneursSummitisschthesecondhalfofthisyear,whichisexpectedtofurtherLatinAmericancompaniesformutualdevelopment.?TheeconomicgrowthofmajorLatinAmericancountriesthis2.1%forBrazil,leadingotherLatinAmericannations.Sources:WorldEconomicOutlookupdate,IMF,July2023;WorldEconomicOutlook,IMF,April2023OverviewofChinaoutboundinvestmentofH12023realestate,hospitality&construction,andconsumerproductssectors.manufacturing&mobilitysector.AmajortransactioninQ2wastheacquisitionofaSouthAfricancementproducerbyaChinesedevelopmentstrategyandwillstrengthenitsleadingpositionintheregion.?Chinahasbecomethefourth-largestsourceofinvestmentinAfricaandremainsthelargesttradingpartner4.Recently,theinChina,withthenumberofsignedagreementsreachingarecordhigh.China-Africaeconomicandtradecooperationismovingtowardsanewstageofhigh-qualitydevelopment.?Thisyear,EastAfricancountriesareexpectedtomaintainhigheconomicgrowth,withEthiopia,KenyaandTanzaniaexpe?NorthAmericaistheonlycontinentwheretheM&Adealvolumehasincreased.TheTMTsectorsawasignificantgrowthintransactionvolumeby150%,mainlydirectedtowardsoftwaredevelopmentandelectroniccomponents.M&Adealsinthehealthcare&lifescompaniesinNorthAmerica.?Currently,theUSinflationratehasdecreasedtoapredictedthattheUSeconomywillgrowby1.8%thisyear,withstronggrowthinconsumerspending.TheIMFhasreviseditsforecastfortheUSeconomyby0.2percentagepointshigherthantheAprilforecast2.?ThetopthreeM&AdestinationsinAsiawereVietnam,SingaporeandJapan,accountingfor64%ofthetotalM&Adealvalue,withinvestmentsinVietnamshowingacounter-trendincrease,withboththeinvestmentamountandnumberofdealsincreasingbyover200%.?Overall,investmentactivityhasincreasedinASEANcohospitality&construction,financialservicesandadvancedmanufacturing&mobility.?ItispredictedthatIndiaandtheASEAN-53countrieswillthisyear,withthePhilippinesandVietnamleadingASEANwitheconomicgroand5.8%,respectivelSources:1.U.S.DepartmentofLabor,June2023data;2.WorldEconomicOutlookupdate,IMF,July2023;WorldEconomicOutlook,IMF,April2023;3.Note:ASEAN-5includesMalaysia,Indonesia,Thailand,thePhilippines,andSingapore;4.TheStateCouncilofChinaOverviewofChinaoutboundinvestmentofH12023(Bydealvolume)24H12023H12022413731Japan205Australia2079878Italy8410Vietnam727976H12023H120223.0//2.11.01.92.64Australia1.40.45Vietnam0.50.20.40.20.4//80.31.29Japan0.20.410SouthAfrica0.2//Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon5July2023;EYanalysisOverviewofChinaoutboundinvestmentofH12023156.0154.9156.0154.9155.094.7Summary36.430.741.629.039.537.830.131.839.131.794.7Summary36.430.741.629.039.537.830.131.839.131.732.628.0113.640.8105.2106.049.243.043.598.9InH12023worthUS$94.7b,down8.6%YOY.?Amongthem,B&RnewcontractsamountedtoUS$47.6b,accountingfor50.3%ofthetotalforthesameperiod.3002001000260.3255.5258.5253.156.956.951.553.551.855.455.350.656.247.443.220192020202120222023relativelystable.?B&RcompletedturnoveramountedtoUS$40.1b,relativelystable.?B&RcompletedturnoveramountedtoUS$40.1b,up4.4%YOY,constituting56.7%ofthetotalforthesameperiod.1.AresidentialtowerprojectintheUAEwithaninvestmentofaboutUS$1billion;2.AnEastAfricancrudeoilexportpipelineprojectwithacontractvalueaboutUS$806million;3.ApetrochemicalengineeringprojectinSaudiArabiawithacontractvalueaboutUS$720million;4.AnindustrialparkprojectinEth