2022年前三季度中國(guó)海外投資概覽：中國(guó)對(duì)外直接投資保持平穩(wěn)發(fā)展但海外并購(gòu)市場(chǎng)整體低迷

ClickClickforEnglishOverviewofChinaoutboundinvestmentofthefirstthreequartersof202222022年前三季度中國(guó)海外投資概覽海外投資業(yè)務(wù)部2022年11月16日第第2頁(yè)第2頁(yè)挑戰(zhàn)，但剛剛結(jié)束的“二十大”會(huì)議不僅明確表的基本國(guó)策、堅(jiān)持經(jīng)濟(jì)全球化正確方向、堅(jiān)持真了一些具體的發(fā)展方向，如“要提升國(guó)際循環(huán)的’高質(zhì)量發(fā)展”等。對(duì)中企而言，“走出去”參與全球2022年前三季度中國(guó)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(gòu)對(duì)外承包工程安永推薦閱讀對(duì)外直接投資1中國(guó)全行業(yè)對(duì)外直接投資1,067.7億美元，較去年同期下降0.3%，第三季度較第二季度環(huán)比增加58.5億美元，同比增長(zhǎng)6.3%，其中對(duì)“一帶一路”沿線國(guó)家非金融類直接投資156.5億美元，同比增長(zhǎng)5.2%海外并購(gòu)234.5億美元，同比下降49%，再創(chuàng)歷史同期新低；宣布的交易數(shù)量為379宗，同比減少6%金額計(jì)，前三大熱門(mén)行業(yè)為T(mén)MT*、先進(jìn)制造與運(yùn)輸以及醫(yī)療與生命科學(xué)；采礦與金屬業(yè)達(dá)?亞洲仍為最受歡迎的海外并購(gòu)目的地，交易金額與數(shù)量均位列第一；受俄烏局勢(shì)影響，中企在歐洲的海外并購(gòu)繼續(xù)大幅萎縮，第三季度創(chuàng)歷史新低，單季首次低于10億美元對(duì)外承包工程1對(duì)外承包工程新簽合同額1,470.7億美元，同比下降7.9%TMT包括科技、媒體和娛樂(lè)和通信業(yè)第3頁(yè)2022年前三季度中國(guó)海外投資概覽1,000500020011,0005000200150100500本期摘要對(duì)外直接投資海外并購(gòu)對(duì)外承包工程安永推薦閱讀外直接投資保持穩(wěn)定，多個(gè)實(shí)體經(jīng)濟(jì)領(lǐng)域投資呈增長(zhǎng)態(tài)勢(shì)中國(guó)全行業(yè)對(duì)外直接投資1,067.7億美元，同比下降0.3%?其中非金融類對(duì)外直接投資858.5億美元，同比增長(zhǎng)6.3%態(tài)勢(shì)，例如在綠色發(fā)展領(lǐng)域，多家中國(guó)電啟動(dòng)工廠建設(shè)，推對(duì)“一帶一路”沿線國(guó)家非金融類直接投資156.5億美元，同比增長(zhǎng)5.2%?占同期總額的18.2%孟加拉國(guó)等*表內(nèi)數(shù)據(jù)由于四舍五入的緣故，其合計(jì)數(shù)未必與總計(jì)數(shù)相等月度簡(jiǎn)明統(tǒng)計(jì)數(shù)據(jù)第4頁(yè)2022年前三季度中國(guó)海外投資第4頁(yè)20222022年前三季度中國(guó)全行業(yè)對(duì)外直接投資額(億美元)1,500338132240830135845839631031838034534326634228229225729626420182019202020212022三季度四季度22022年前三季度對(duì)“一帶一路”沿線國(guó)家非金融類直接投資額(億美元)55448534952304449314136564853503239423820182019202020212022一季度二季度三季度四季度拐點(diǎn)尚未顯現(xiàn)2022年前三季度拐點(diǎn)尚未顯現(xiàn)2022年前三季度海外并購(gòu)總額為234.5億美元，同比下降49%，低%2022年8004000本期摘要對(duì)外直接投資海外并購(gòu)對(duì)外承包工程安永推薦閱讀前三季前三季度中企宣布的海外并購(gòu)金額(億美元)1,20022363101422057817256259285811692239093732852397610320182019202020212022一季度二季度三季度四季度*表內(nèi)數(shù)據(jù)由于四舍五入的緣故，其合計(jì)數(shù)未必與總計(jì)數(shù)相等rket第5頁(yè)2022年前三季度中國(guó)海外投資概覽海外并購(gòu)(M&A)(續(xù))對(duì)外承包工對(duì)外承包工程對(duì)外直接投資安永推薦閱讀海外并購(gòu)本期摘要比大幅增加228%，達(dá)29.3億美元。醫(yī)療與生命科學(xué)行業(yè)持續(xù)保持較高熱度，第三季70.234.59470.234.594336.7444419%229.3228%44345%221.445%3838111%rket第6頁(yè)2022年前三季度中國(guó)海外投資概覽本期摘要對(duì)外直接投資海外并購(gòu)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(gòu)對(duì)外承包工程安永推薦閱讀海外并購(gòu)(M&A)(續(xù))20222022年前三季度中企宣布的海外并購(gòu)行業(yè)與各大洲分布(按交易金額)及消費(fèi)品有超過(guò)六成以上的交易金額集中業(yè)業(yè)響。屬造氣 80%100%：第7頁(yè)RefinitivMergermarket安永分析2022年前三季度中國(guó)海外投資概覽62.7億美元127宗55.1億美元6362.7億美元127宗55.1億美元63宗10.4億美元宗對(duì)外直接投資對(duì)外承包工程安永推薦閱讀海外并購(gòu)本期摘要海外并購(gòu)(M&A)(續(xù))82.1億美元127宗8億美元8宗大洋洲大洋洲16.2億美元38宗rket第8頁(yè)2022年前三季度中國(guó)海外投資概覽 歐洲 歐洲55.1億美元同比下降24%63宗同比下降46%生命科學(xué)和不斷，預(yù)并購(gòu)交易62.7億美元127宗同比下降55%?主要投向荷蘭、英國(guó)和意大利，占中企購(gòu)金額超七成?TMT仍為最受歡迎的行業(yè)，占總額的42%?今年以來(lái)，歐洲深受俄烏沖突影響，能，貨幣對(duì)美低，并購(gòu)金額單季首次低于10億美元利等企投慎決策對(duì)外直接投資對(duì)外承包工程安永推薦閱讀海外并購(gòu)本期摘要海外并購(gòu)(M&A)(續(xù))82.1美元127宗同比下降59%同比增加9%洲?主要投向韓國(guó)、日本和新加坡，占中企在亞洲宣布TMT服務(wù)業(yè)為最受中伯和土耳其為G20國(guó)家中預(yù)計(jì)2023年增資料來(lái)源：Refinitiv、Mergermarket，包括香港、澳門(mén)和臺(tái)灣的對(duì)外并購(gòu)交易，數(shù)據(jù)包括已宣布但尚未完成的交易，于2022年7月6日下載；《世界經(jīng)濟(jì)展望報(bào)告》，國(guó)際貨幣基金組織(IMF)，2022年10月；安永分析第9頁(yè)2022年前三季度中國(guó)海外投資概覽2022年前三季度中企宣布的海外并購(gòu)前十大目的地(按交易數(shù)量，宗數(shù))22022年前三季度中企宣布的海外并購(gòu)前十大目的地(按交易數(shù)量，宗數(shù))2022年2021年1美國(guó)541002澳大利亞3633英國(guó)3133426255262030%62577德國(guó)20238法國(guó)399泰國(guó)030印度01本期摘要對(duì)外直接投資海外并購(gòu)對(duì)外承包工程安永推薦閱讀海外并購(gòu)(M&A)(續(xù))2022年前三季度中企宣布的海外并購(gòu)前十大目的地(按交易金額，億美元)2022年2021年1美國(guó)54.369.42荷蘭23.558.3320.131.54澳大利亞16.13.9514.614.8613.688.37英國(guó)12.831.68印度11.522.2910.925.50阿根廷10.13.5rket第10頁(yè)2022年前三季度中國(guó)海外投資概覽1,05243561,0524356224464925695354305185544085535065624741,136478989873”項(xiàng)目未來(lái)可能更受青睞本期摘要對(duì)外直接投資海外并購(gòu)對(duì)外承包工程安永推薦閱讀20222022年前三季度中國(guó)對(duì)外承包工程新簽合同額(億美元)2022年前三季度，中企對(duì)外承包工程?新簽合同額1,470.7億美元，同比下降7.9%?完成營(yíng)業(yè)額1,070億美元，同比增加0.4%?第三季度新簽大項(xiàng)目包括某中企簽約沙特最大的交通運(yùn)輸和公用基礎(chǔ)設(shè)施項(xiàng)目(合同金額約為78.6億人民幣)，以及某中企在哈薩克斯坦簽約的鐵礦石剝離工程(合同金額約為6.5億美元)等有所增加，小型項(xiàng)目風(fēng)險(xiǎn)線國(guó)家和地區(qū)對(duì)外承包工程億美元，同比下降5.1%占新簽合同總額的52.5%?完成營(yíng)業(yè)額573.3億美元，同比下降7.2%占同期總額的53.6%3,0002,5002,0001,5001,000500020182019202020212022一季度二季度三季度四季度*表內(nèi)數(shù)據(jù)由于四舍五入的緣故，其合計(jì)數(shù)未必與總計(jì)數(shù)相等部月度簡(jiǎn)明統(tǒng)計(jì)數(shù)據(jù)、公開(kāi)信息整理第11頁(yè)2022年前三季度中國(guó)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(gòu)對(duì)外承包工程安永推薦閱讀1.1.國(guó)資智匯|國(guó)企海外并購(gòu)——大浪淘沙，重識(shí)商業(yè)盡調(diào)的重要性2.【PE/VC洞察】跨境電商出海觀察速遞4.一鍵觸發(fā)——您的數(shù)據(jù)出境健康服務(wù)管家來(lái)了！掃描微信公眾平臺(tái)二維碼，獲取更多推薦閱讀內(nèi)容第12頁(yè)2022年前三季度中國(guó)海外投資概覽加拿大美國(guó)加勒比地區(qū)以色列玻利維亞厄瓜多爾牙買(mǎi)加墨西哥秘魯委內(nèi)瑞拉阿根廷巴西智利CanadaUnitedStatesCaribbeanRegionIsraelBoliviaEcuadorJamaicaMexicoPeruVenezuelaArgentinaBrazilChileCOINCOINEMEIA員連接在一起，在海外投資的各個(gè)階段，從投資計(jì)劃到執(zhí)行和投后整合，為中國(guó)客戶提供一站式服務(wù)。面的服務(wù)領(lǐng)域第13頁(yè)奧地利比利時(shí)捷克丹麥芬蘭法國(guó)德國(guó)希臘匈牙利意大利哈薩克斯坦吉爾吉斯斯坦盧森堡荷蘭挪威巴基斯坦波蘭葡萄牙羅馬尼亞西班牙瑞典瑞士土耳其英國(guó)烏茲別克斯坦巴林埃及科威特沙特阿拉伯阿聯(lián)酋印度阿爾及利亞安哥拉喀麥隆剛果民主共和國(guó)埃塞俄比亞利比亞莫桑比克尼日利亞南非南蘇丹烏干達(dá)贊比亞津巴布韋AustriaBelgiumCzechRepublicDenmarkFinlandFranceGermanyGreeceHungaryItalyKazakhstanKyrgyzstanLuxembourgNetherlandsNorwayPakistanPolandPortugalRomaniaSpainSwedenSwitzerlandTurkeyUnitedKingdomUzbekistanBahrainEgyptKuwaitSaudiArabiaUnitedArabEmiratesIndiaAlgeriaAngolaCameroonDemocraticRepublicofCongoEthiopiaLibyaMozambiqueNigeriaSouthAfricaSouthSudanUgandaZambiaZimbabwe澳大利亞新西蘭韓國(guó)文萊柬埔寨印度尼西亞老撾馬來(lái)西亞緬甸菲律賓新加坡斯里蘭卡泰國(guó)越南AustraliaNewZealandJapanSouthKoreaBruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesSingaporeSriLankaThailandVietnam2022年前三季度中國(guó)海外投資概覽70+3,200+外業(yè)務(wù)74,000+外項(xiàng)目*以上為過(guò)去三年的數(shù)據(jù)的“一1,600+一路”共建34,000+路”共建國(guó)家的項(xiàng)目數(shù)量?亞太區(qū)+61292485008john.li?亞太區(qū)+61292485008john.li@+6563096275driankohsgeycom請(qǐng)瀏覽我們的網(wǎng)站/zh_cn/coin或聯(lián)系：執(zhí)行官員+861058154057jackchan@源行業(yè)聯(lián)席主管咨詢服務(wù)主管+861058153891eycom會(huì)計(jì)咨詢服務(wù)主管+862122282816lawrencelaucneycom+85226293133loletta.chow@及并購(gòu)重組稅+861058153230andrew.choy@詢服務(wù)主管合伙人+8675522385818steven.xiong@+862122282798selvcneycom+861058152805julie.hao@+861058152086ngcneycom交易咨詢服務(wù)主管+862122282205asucneycom安永(中國(guó))企業(yè)咨詢有限公司+862122288789+817024623618michelle.ho@?美洲區(qū)+16173753792zhangeycom?歐洲、中東、印度及非洲(EMEIA)區(qū)+33146934363qinghua.xu-pionchon@ricc.xiao@+49211935220153undeeycom夫+551196252084fernanda.chang@+442079517952ycom2022年前三季度中國(guó)海外投資概覽2022年前三季度中國(guó)海外投資概覽第14頁(yè)的商業(yè)世界。我們致力幫戶、員工及社會(huì)各界創(chuàng)造長(zhǎng)期價(jià)值，同時(shí)在資信任。在數(shù)據(jù)及科技賦能下，安永的多元化團(tuán)隊(duì)通過(guò)鑒證服務(wù)，于150多個(gè)國(guó)家及地區(qū)構(gòu)建信任，并協(xié)助企營(yíng)。在審計(jì)、咨詢、法律、戰(zhàn)略、稅務(wù)與交易的專業(yè)服成員機(jī)構(gòu)均為獨(dú)立的法律實(shí)體，各成員機(jī)構(gòu)可單獨(dú)簡(jiǎn)稱為“安永”。Ernst&YoungGlobalLimited是注冊(cè)于英國(guó)的一家保證(責(zé)任)有限公司，不對(duì)外機(jī)構(gòu)的總部。請(qǐng)登錄/privacy，了解安永如何收集及使用個(gè)人信息，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)構(gòu)不從事當(dāng)覽。?2022安永，中國(guó)。APACno.03015944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(jiàn)。請(qǐng)向您的顧問(wèn)獲取具體意見(jiàn)。/china部”微信公眾號(hào)2022年前三季度中國(guó)海外投資概覽OverviewOverviewofChinaoutboundinvestmentofthefirstthreequartersof2022OutwarddirectinvestmentgenerallystablewithsloweroverseasM&Aactivitiesrk16November2022Theglobaleconomyisfilledwithintensifiedinstabilityandincreasedcomplexity.InternationalMonetaryFund(IMF)projectedaworldwideslowinggrowthby2.3%in2023.Developedcountriesmightexperienceanestimatedgrowthby1.1%whileemerginganddevelopingcountriesby3.7%.Againstthisbackdrop,morechallengeswouldbeexpectedforinternationaldevelopmentofChineseenterprises.InChina,the20thNationalCongressconcludedwithclearmessagesforupholdingthenationalfundamentalstrategyofopeningup,economicglobalizationandtruemultilateralism.Somedevelopmentdirectionswereoutlined,forexample,tofurtherimprovetheinternationalcirculation,jointlybuildnewmomentumforglobaldevelopment,strengthencooperationwithdevelopingcountries,andpromotequalitydevelopmentoftheBeltandRoadInitiative(BRI).Chineseenterpriseswillcontinuegoingoutforlong-termdevelopmentthroughinternationalcooperationandcompetition,soastoimprovecorecompetitivenessinlinewiththefavorablenationalpolicy,tapmarketpotentialandenhanceinternationalpresence.OverviewofChinaoutboundinvestmentofthefirstthreequartersof2022EYRecommendedEYRecommendedreadingsSummarySummaryChinaoveralloutwarddirectinvestment(ODI)reachedUS$106.8billioninthefirstthreequartersof2022,down0.3%year-on-year(YOY)andtheQ3figureincreased10%fromthatofQ2.Thenon-financialODIreachedUS$85.9billion,up6.3%YOY.TheBeltBRnonfinancialODIincreasedYOYtoUSbillionThevalueofannouncedChinaoverseasmergersandacquisitions(M&As)reachedUS$23.5billion,down49%YOYtoahistoriclowcomparedtothesameperiodinthepastyears.Therewere379ChinaannouncedoverseasM&Adealsinthefirstthreequartersof?Sector-wisebydealvalue,thetopthreesectorswereTMT*,advancedmanufacturing&mobility,andhealthcare&lifesciences.Mining&metalswastheonlysectorrecordinganincreasebydealvalueduringtheperiodat228%YOY.Theconsumerproductssectorexperiencedthelargestdecline–at83%–bydealvalueamongallsectorsduringtheperiod.?AsiawasagainthetopoverseasM&Adestinationduringtheperiod,recordingthehighestdealvalueandvolumeamongallmajorcontinents.DealactivitiesofChinaenterprisesinEuropesharplydecreasedamidtheshadowcastbytensionbetweenRussiaandUkraine.InQ32022,thedealvaluerecordedinEuropereachedahistoriclowto,forthefirsttime,lessthanUS$1billioninasinglequarter.Newly-signedChinaoverseasengineering,procurementandconstruction(EPC)projectsdecreased7.9%YOYtoUS$147.1billion.*TheTMTsectorreferstotechnology,media&entertainmentandtelecommunicationsSources:1.ChinaMOFCOM.2.Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon10October2022;EYanalysisPage18OverviewofChinaoutboundinvestmentofthefirstthreequartersof202210050020151050EY10050020151050EYRecommendedreadingsSummaryAccordingtoChinaMOFCOMstatistics,inthefirstthreequartersof2022ChinaoverallODIreachedUS$106.8b,down0.3%YOY.InvestmentsinleasingandbusinessservicesreachedUS$29.3billion(up26.7%YOY)andthoseinmanufacturing,wholesale&retail,constructionandothersectorswerealsoontherise.Forinstance,inthegreendevelopmentrealm,anumberofChineseelectricvehicleandbatterymanufacturershaveraisedfactorycapacitiesincountrieslikeGermanyandHungaryforincreased?Representing18.2%ofthetotalandBangladeshthefirstthreequartersof150330.138.045.829.634.531.026.426.631.835.839.634.328.220182019202020212022Q1Q2Q3Q4quartersof2022(US$billion)3.05.05.25.320182019202020212022*Remark:Theround-upstatisticsinthisarticlemaynotaddtotheactualtotals.Source:MonthlyStatisticsinBrief,ChinaMOFCOMOverviewofOverviewofChinaoutboundinvestmentofthefirstthreequartersof2022Q1Q2Q3Q4EYRecommendedEYRecommendedreadingsSummaryInthefirstthreequartersof2022,ChinaoverseasM&AreachedUS$23.5b,down49%YOYtoahistoriclowcomparedtothesameperiodinthepastyears.of2022(US$billion)12023.68025.928.25.914.24028.523.4028.523.922.39.07.610.35.617.2020182019202020212022Q1Q2Q3Q4*Remark:Theround-upstatisticsinthisarticlemaynotaddtotheactualtotals.Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon10October2022;EYanalysisOverviewofChinaoutboundinvestmentofthefirstthreequartersof2022Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon10October2022;EYanalysisOverviewofChinaOverviewofChinaoutboundinvestmentofthefirstthreequartersof2022EYEYRecommendedreadingsSummaryInthefirstthreequartersof2022,thetopthreesectorsofChinaoverseasM&Aswerelyaccountingfor60%ofthetotalvalue.Mining&Metalswastheonlysectortoseegrowth,mainedquitepopularrecordingthelargestvalueofannouncedoverseasM&AsinQ32022.7.045%3.714%Advancedmanufacturing&mobility3.5Healthcare&lifesciences94945151manufacturing&mobility442.92.9228%Mining&s4432.12.1vices3838hospitality&constructionSources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon10October2022;EYanalysisOverviewofChinaOverviewofChinaoutboundinvestmentofthefirstthreequartersof2022EYRecommendedreadingsSummaryEYRecommendedreadingsSummaryrecordedahigherregionalconcentration,withover60%ofueineachofthesesectorsbeingmadeonasinglecontinent.79%ofhealthcare&lifesciencesisconcentratedinNorthAmericaofoilgasisconcentratedinEurope69%ofpower&utilitiesisconcentratedinAsia63%ofconsumerproductsisconcentratedinOceaniaGeopoliticsconsiderablyimpactedthegeographicaldistributionofcross-borderM&AactivitiesofChineseenterprises.Forinstance,followingthemorestringentinvestmentpoliciesconcerningtheUStechnologysector,thefirstthreequartersof2022.sectorinthefirstthreequartersof2022(bydealvalue)Advancedmanufacturing&mobilitylthcarelifesciencesmetalsrvicesRealestate,hospitality&constructionConsumerproductsPower&utilities15%40%19%1%31%24%NorthAmericaLatinAmericaAfricaUS$6.3b127NorthAmericaUS$US$6.3b127NorthAmericaUS$5.5b63LatinAmericaUS$1.0b16EYRecommendedreadingsSummaryUS$8.2b127AfricAfricaUS$800m8US$1.6b38Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon10October2022;EYanalysisPage23OverviewofChinaoutboundinvestmentofthefirstthreequartersof2022US$8.2bUS$8.2bals?AsiawasstillthetopdestinationforChinaoverseasM&As.?TheinvestmentsweremademainlyinSouthKorea,JapanandSingapore,accountingfor60%ofthetotalinAsia.?TMT,advancedmanufacturing&mobilityandfinancialserviceswerethetopsectorsforinvestmentbyChineseenterprisesinAsia,withTMTaccountingfor46%ofthetotalinthecontinent.?WithreferencetotheIMFforecasts,developingcountriesinAsiashowedgreaterresilienceinthecurrenteconomicslowdown.India,Indonesia,China,SaudiArabiaandTurkeywereexpectedtobethetopfivefast-growingG20countriesin2023andtheyaresituatedinAsia.?The20thNationalCongressofChinacontinuedtopromotequalitydevelopmentoftheBRI.CountriesinAsiamayfurtherattractattentionofChineseinvestors. NorthAmericaUS$5.5bdeals?Theinvestmentsweremainlymadeinthesectorsofhealthcare&lifesciencesandadvancedmanufacturing&mobility,accountingfor49%and27%ofthetotalinNorthAmericarespectively.?InflationintheUSwasamongthehighestlevelsinalmostthreedecadesanditseconomymightnothavesufficientmomentumforgrowth.TheFederalReservehasincreasedinterestratestohigherlevelsinadecadewhilstgeopoliticaluncertaintybetweenChinaandtheUShasbeenontherise.Intheshort-run,ChinaM&AsintheUSmayfurtherslow.EYRecommendedreadingsSummaryUS.3bdown55%YOY?TheinvestmentsweremainlymadeintheNetherlands,theUKandItaly,accountingforover70%ofthetotalinEurope.?TMTremainedthetopsector,accountingfor42%ofthetotal.?Thisyear,thetensionbetweenRussiaandUkraineanditsimpactshavedeeplyaffectedtheeconomyofEuropeandenergysupply.TherewerealsohighinflationratesandsharpcurrencydepreciationagainsttheUSdollar.ChineseenterpriseshavebecomecautiousininvestinginEurope.InQ32022,thedealvaluereachedarecordlowto,forthefirsttime,lessthanUS$1billioninasinglequarter.?WithreferencetotheIMFforecasts,Russiawilllikelycontinueitsnegativeeconomicgrowthsincethisyearwhileothercountries,suchasGermanyandItaly,mightenterarecessionarycyclein2023.Hence,intheshort-run,itisessentialtothoroughlyassesstheriskportfoliobeforeprudentdecisionismadeforcross-borderinvestment.Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon10October2022;WorldEconomicOutlook,October2022,IMF;EYanalysisPage24OverviewofChinaoutboundinvestmentofthefirstthreequartersof2022rstthreequartersof2022(Bydealvolume)202220211US541002Australia363331334re26255Japan26206SouthKorea2577Germany20238France399Thailand030India01EYRecommendedreadingsSummaryrstthreequartersof2022(Bydealvalue:US$billion)202220211US5.46.92Netherlands2.45.83rea2.03.24Australia1.60.45Japan1.51.56pore1.48.87UK1.33.28India1.22.291.12.60Argentina1.00.4Sources:Refinitiv;Mergermarket,includingdatafromHongKong,MacauandTaiwan,anddealsthathavebeenannouncedbutnotyetcompleted,datawasdownloadedon10October2022;EYanalysisOverviewofChinaoutboundinvestmentofthefirstthreequartersof202230025020015010050098.9130025020015010050098.9113.687.3105.249.256.953.5202147.862.244.6201843.051.855.4202040.855.350.6201943.556.247.42022Q1Q2Q3Q4EYRecommendedreadingsSummaryInthefirstthreequartersof2022,ChinaoverseasEPCbdownYOY?Forinstance,aChineseenterpriserecentlysignedupthelargesttransportationandpublicinfrastructureprojectinSaudiArabiathathadacontractvalueofRMB7.9billion.AnotherChineseenterprisesignedupaprojectrelatedtoironoreexplorationinKazakhstanthathadacontractvalueofaboutUS$650million.?Overall,thevolumeofnewly-signedmega-scaleprojectsdecreasedandthatofrelativelysmallerandpromisingprojectsincreased.Relativelysmallerprojectsaregenerallylessrisky,gclosetopeopleslivelihoodandneedsThesebeneficialfactorsmightleadtohigherpriorityforrelativelysmallerprojectsgoingforward.52.5%ofthetotal.?TurnoverwasUS$57.3b,down7.2%YOY,accountingfor53.6%ofthetotal.*Remark:Theround-upstatisticsinthisarticlemaynotaddtotheactualtotals.Sources:MonthlyStatisticsinBrief,ChinaMOFCOM;publicdomaininformationOverviewofOverviewofChinaoutboundinvestmentofthefirstthreequartersof2022EYRecommendedEYRecommendedreadingsSummaryEYrecommendedreadingsingtheimportanceofbusinessduediligence2.【PE/VCInsights】Observationoncross-bordere-commerce3.ChinaoutboundpolicyandregulationtrackerdevicetoscanadInsightsOverviewofChinaoutboundinvestmentofthefirstthreequartersof2022加拿大美國(guó)加勒比地區(qū)加拿大美國(guó)加勒比地區(qū)以色列玻利維亞厄瓜多爾牙買(mǎi)加墨西哥秘魯委內(nèi)瑞拉阿根廷巴西智利CanadaUnitedStatesCaribbeanRegionIsraelBoliviaEcuadorJamaicaMexicoPeruVenezuelaArgentinaBrazilChilealnetworksaroundtheglobebuildingontheexistingChinaBusinessGroupintheAmericasEMEIAandAsiaPacificareas,andprovidesChineseclientswithone-stopservices,coveringallstagesofoverseasinvestment,fromplanningtoexecutionandpost-dealintegration奧地利比利時(shí)捷克丹麥芬蘭法國(guó)德國(guó)希臘匈牙利意大利哈薩克斯坦吉爾吉斯斯坦盧森堡荷蘭挪威巴基斯坦波蘭葡萄牙羅馬尼亞西班牙瑞典瑞士土耳其英國(guó)烏茲別克斯坦巴林埃及科威特沙特阿拉伯阿聯(lián)酋印度阿爾及利亞安哥拉喀麥隆剛果民主共和國(guó)埃塞俄比亞利比亞莫桑比克尼日利亞南非南蘇丹烏干達(dá)贊比亞津巴布韋AustriaBelgiumCzechRepublicDenmarkFinlandFranceGermanyGreeceHungaryItalyKazakhstanKyrgyzstanLuxembourgNetherlandsNorwayPakistanPolandPortugalRomaniaSpainSwedenSwitzerlandTurkeyUnitedKingdomUzbekistanBahrainEgyptKuwaitSaudiArabiaUnitedArabEmiratesIndiaAlgeriaAngolaCameroonDemocraticRepublicofCongoEthiopiaLibyaMozambiqueNigeriaSouthAfricaSouthSudanUgandaZambiaZimbabwe澳大利亞新西蘭日本韓國(guó)文萊柬埔寨印度尼西亞老撾馬來(lái)西亞緬甸菲律賓新加坡斯里蘭卡泰國(guó)越南AustraliaNewZealandJapanSouthKoreaBruneiCambodiaIndonesiaLaosMalaysiaMyanmarPhilippinesSingaporeSriLankaThailandVietnamPage28OverviewofChinaoutboundinvestmentofthefirstthreequartersof202270+Countriesandterritoriesinthecenetwork3,200+tedglobally74,000+engagements*Datafromthelast3yearsCountriesandregionsalongBR1,600+ssistedinB&Rcountries34,000+ProjectsassistedinB&Rcountries+61292485008john.li@+61292485008john.li@Sydney,Australia+6563096275gaporeFormoreinformationaboutEYCOIN,pleasevisitthewebsiteat/en_cn/coinorcontact:manChinaRegionalManagingPartner,GreaterChinaheGlobalExecutive+861058154057+85226293133loletta.chow@+862122282798lvcneycomStrategyandTransactionServicesLeader,GreaterChina+862122282205neycomStrategyandTransactionServicesLeader,C