Chinese Growth in 2006 & FDI

• China drew a record US$63 billion (RM220.9 billion) in foreign direct investment (FDI) in 2006, up 5% from 2005; 

• investment overseas by Chinese firms rose 32% from a year earlier in 2006, to US$16.1 billion; 

• China‘s economy grew by 10.5% in 2006, notching up double-digit growth for the fourth year in a row; 

• GDP value in 2006 has exceeded 20 trillion yuan (RM9.01 trillion) with a growth rate of 10.5 

• recorded trade surplus for 2006 of US$177.5 billion (RM623.86 billion). 

• its overall balance of payments surplus is around 10% of GDP,  

(The Edge,Malaysia (1/07))