China still attractive to FDI

Industrial transfer to western regions and growth of service sector will help facilitate the distribution of investments

Statistics show that China has managed to absorb a comparatively large scale of foreign direct investment (FDI) in the first three quarters of this year, despite the turbulent global economic situation.

The value of the country's actual FDI reached $86.68 billion in the first three quarters, equivalent to that of the same period of 2008, but an increase of 16.6 percent year-on-year. However, China's foreign investment growth momentum has also shown signs of slowing down at a time when the global economic recovery still faces a gloomy prospect and the negative influences brought by Europe's sovereign debt crisis are still fermenting.