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Global investment by Chinese companies will grow rapidly "for quite a long time", Chen Jian, vice-minister of commerce, said on Monday.
At the same time, he said, Chinese companies need to standardize and improve their operations overseas.
"Chinese enterprises have been seizing the opportunity of investing abroad since the financial crisis erupted (in 2008)," Chen, also a member of the 12th National Committee of the Chinese People's Political Consultative Conference, said at the sidelines of the annual session of the top advisory body.
Despite a worldwide drop in foreign direct investment since the outbreak of the global crisis, China's overseas direct investment has increased.
Last year, the world's second-largest economy saw its ODI rise about 30 percent to $77.2 billion.
"We have confidence that such growth momentum can be sustained over the long term. We expect a double-digit increase this year, probably as high as last year," Chen said.
Late last month, China National Offshore Oil Corp completed its acquisition of Canadian oil and gas company Nexen for $15.1 billion, China's largest overseas deal.
As part of the 12th Five-Year Plan (2011-15), the government encourages companies to expand abroad, through mergers and acquisitions, especially in manufacturing, services and energy. China aims to let its ODI match the amount of foreign direct investment into the country by the end of 2015.
"The integration between China and the world strengthens", which makes it possible for Chinese outbound investment to grow into a "key part of the nation's economy", Chen said.
"The slowing world economy needs Chinese investment, and as a global manufacturing powerhouse, China needs to transfer its technology and manufacturing capacity to other nations," he said.