China saw about $115 billion in foreign direct investment (FDI) inflows in 2011, up 9 percent from 2010, the China Daily reported on Friday, citing data from the Ministry of Commerce.
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The number implies China's non-financial inward FDI fell on year-ago levels for the second consecutive month.
The Commerce Ministry said previously that FDI inflow was $103.8 billion in the first 11 months of 2011, which would put December's inflow at around $11 billion ? down around 21 percent versus the $14 billion seen in December 2010.
China's FDI inflow was down 9.8 percent in November from the same month in the previous year. It was the first fall in 28 months.
The Commerce Ministry said earlier this week it aimed to attract an average of $120 billion FDI in each of the next four years.
It unveiled new rules last week to encourage foreign investment in strategic emerging industries, particularly those that bring new technology and know-how to China.
Copyright 2012 Thomson Reuters. Click for restrictions.Source: http://www.cnbc.com/id/45893927?__source=RSS*tag*&par=RSS
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