China expects higher foreign direct investment this year


BEIJING: Growth in China’s foreign direct investment (FDI) is expected to quicken to around 4% this year from the previous year on government efforts to improve its investment environment, the country’s Commerce Ministry said.

China's FDI may hit an all-time high of US$125bil this year barring no sharp changes in the external environment, the official Xinhua news agency quoted Vice-Minister of Commerce Wang Shouwen as saying.

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