FDI climbs a seventh month

BEIJING - China's foreign direct investment (FDI) rose for the seventh consecutive month in a row, albeit at a shade lower than earlier, the Ministry of Commerce (MOFCOM) said on Monday.

The indicator recorded year-on-year growth of 1.1 percent in February to $5.9 billion, the lowest since August 2009. FDI growth in January was 7.79 percent while in December last year it grew nearly 103 percent.

During the first two months of the year, FDI surged 4.86 percent to $14.02 billion, the ministry said.