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Beijing aims at $6b materialized FDI in 2010

(Xinhua)
Updated: 2010-02-09 10:14
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BEIJING: Beijing would strive to secure $6 billion of actually utilized foreign investment this year, an official said Monday.

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Lu Yan, head of the Beijing Municipal Commission of Commerce, said foreign investment actually utilized by the capital city rose 0.6 percent in 2009 to $6.12 billion despite the global financial crisis.

He also set $5 billion as the minimum target for the city's actually utilized foreign investment in 2010.

China attracted $90.03 billion in FDI in 2009 amid the global downturn, down 2.6 percent from that in 2008, according to the Ministry of Commerce in January.

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