FDI surges despite slowdown

Global investors confident for longer term, says trade official

China's foreign direct investment increased the most in more than two years in June despite the economic slowdown, suggesting that global investors are confident about the prospects of the world's second-largest economy amid the new leadership's reforms.

FDI inflow in China's non-financial sectors reached $14.39 billion in June, up 20.12 percent year-on-year, the largest expansion since March 2011 and also the fifth consecutive monthly increase since February, according to the Ministry of Commerce.