BEIJING: China is expected to draw US$57bil in foreign direct investment (FDI) this year, up about 8% from 2002, the China Daily reported, quoting Vice-Minister of Commerce Ma Xiuhong.
“China has a larger scope and a more optimised structure to attract foreign funds and the quality of investment from abroad is improving continuously,” Ma said, adding that China had already attracted US$33.4bil in FDI in the first seven months of the year, up nearly 27% from a year ago. – Reuters