China received a total of 653 billion dollars of direct foreign investment in the period between 2001-2010, the Agency of Statistics of China announced.
Director of the National Bureau of Statistics said that foreign investment in the economy grew on average 9.5 percent per year. Last year, China as an economic power second in the world, received 125 percent of foreign investment more than in 2001, when the country became a member of the World Trade Organization.
When the country was faced with the global financial crisis in 2008, Chinese authorities have decided to revise the model of economic development by reducing exports and putting emphasis on domestic demand and domestic sources of investment.
Experts predict that economic growth will slow from 2013, and say that they will have a gross national product growth of nine percent per year on average.