China's ODI down 48.8 pct in Q1

BEIJING, April 18 (Xinhua) -- China's non-financial outbound direct investment (ODI) dropped 48.8 percent year on year to 20.54 billion U.S. dollars in the first quarter of this year, official data showed Tuesday.

In March alone, the country's non-financial ODI declined 30.1 percent year on year to 7.11 billion U.S. dollars, according to the Ministry of Commerce.