China's outbound mergers and acquisitions (M&A) reached $111 billion in 2016, surpassing the $107 billion recorded in 2015, with the number of deals up by 79 percent to a record 300, according to Dealogic, a financial markets platform.
Here we take a look at China's top 10 global M&A deals in 2016.
No 10 Zhuhai Seine Technology and Legend acquired US Lexmark
Investment: $3.4 billion
Sector: Technology
Time: April 2016
A touch screen menu is displayed on a Lexmark Platinum Pro905 printer during "CES Unveiled," a media preview event, at the 2010 International Consumer Electronics Show (CES) in Las Vegas, Jan 5, 2010.
No 9 Dalian Wanda clinched deal for US Legendary Entertainment
Investment: $ 3.5 billion
Sector: Entertainment
Time: January 2016
Wang Jianlin, chairman and president of Dalian Wanda Group, attends the Asian Financial Forum (AFF) in Hong Kong, Jan 18, 2016.
No 8 China Three Gorges acquired Duke Energy's Brazilian business
Investment: $3.7 billion
Sector: Energy
Time: January 2016
A truck drives past an entrance sign outside the Duke Energy Corp Gallagher Station power plant in New Albany, Indiana, US, July 27, 2015.
No 7 Shanghai Giant-led consortium bought Israeli online gaming developer Playtika
Investment: $4.4 billion
Sector: Entertainment
Time: August 2016
Young women promote games by Shanghai Giant Network Technology Co at an industry expo held in Beijing.
No 6 Midea became the biggest shareholder of German industrial robotics group Kuka
Investment: $4.7 billion
Sector: Technology
Time: August 2016
Robots in the Kuka stand pour a beer into a glass at the Hannover Messe industrial trade fair in Hanover, Germany April 23, 2016.
No 5 Haier acquired US General Electric Appliances
Investment: $5.4 billion
Sector: Consumer
Time: January 2016
Zhang Ruimin (left), chairman and CEO of Haier Group, shakes hands with Chip Blankenship, president and CEO of GE Appliances.
No 4 Anbang bought US Blackstone's business
Investment: $5.7 billion
Sector: Tourism
Time: March 2016
The headquarters building of Anbang Insurance Group is pictured in Beijing, Aug 25, 2016.
No 3 HNA acquired world's top IT products distributor US Ingram Micro
Investment: $6 billion
Sector: Technology
Time: February 2016
Chinese employees are pictured at the HNA Group display during the 11th Beijing International FinanceExpo (Finexpo 2015) in Beijing, Oct 30, 2015.
No 2 China's HNA bought a 25 percent stake in Hilton from US Blackstone
Investment: $6.5 billion
Sector: Tourism
Time: October 2016
A Hilton Worldwide Holdings Inc Grand Vacations Club hotel stands in Las Vegas, Feb 24, 2016.
No 1 Tencent acquired up to 84 percent of Finnish mobile gaming company Supercell
Investment: $8.6 billion
Sector: Entertainment
Time: June 2016
Supercell Oy CEO Ilkka Paananen (left) and Martin Lau, president of Tencent Holdings Ltd, pose while meeting with the media in Helsinki, Finland, on June 21, 2016 (local time).
(CHINA DAILY)