Non-financial sector FDI grows by 1.9% in first 10 months

Foreign direct investment in China's non-financial sectors grew 1.9 percent year-on-year between January and October to 678.7 billion yuan ($102.19 billion), the Ministry of Commerce said on Tuesday.

A total of 26,174 newly funded foreign companies were established in the first 10 months, up 15.9 percent year-on-year, according to a statement from the ministry.

Experts said that global investor confidence was strengthened by the country's ongoing supply-side structural reform and other initiatives to further open the economy.