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Venezuela's state oil company PDVSA is preparing to appoint a new board for its U.S. units PDV Holding and refiner Citgo.

MOFCOM said at a press briefing that Chinese overseas firms generated $3.8 trillion in revenue in 2025, contributing to both Chinese and host-country economic development. The ministry is steering outbound investment toward green, low‑carbon and digital-economy projects and promoting smart, green and integrated development. In the first three quarters of this year, outbound investment in green low‑carbon and digital sectors rose more than 20% YoY, outpacing overall outbound investment growth.