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Beijing aims at 6 bln USD materialized foreign investment in 2010


Post Date: 10 Feb 2010    Viewed: 585

Beijing would strive to secure 6 billion U.S. dollars of actually utilized foreign investment this year, an official said Monday.


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 U.S. dollars despite the global financial crisis.


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


China attracted 90.03 billion U.S. dollars 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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