China's outbound direct investment (ODI) in non-financial sectors in 122 countries and regions reached $47.56 billion in the first 11 months of this year, said the Ministry of Commerce (MOFCOM).

The country's non-financial ODI in the first 11 months was just under last year's total of $47.8 billion, said Yao Jian, a MOFOCM spokesman.

The investment mainly flew to Hong Kong, Australia, Sweden, the United States, Canada, Russia and Brazil. The majority of the investment went into mining, manufacturing, transportation and the service sector.

Yao also predicted the nation's total non-financial ODI would amount to $220 billion during the 11th Five-Year Plan period (2006-10), which would make China the fifth largest investor around the world, up from the 18th five years ago.