China’s foreign direct investment (FDI) will continue to experience robust growth this year, following an increase of 23% to USD10.03 billion in January, said the Ministry of Commerce (MOFCOM). In 2010, foreign investment grew by 17.4% year-on-year to a record USD106 billion. Only 3% of the deals by value were made through M&As. In January, investment worth USD4.69 billion went into the service sector, a rise of 31.8%, accounting for 46.8% of the total. China’s western region saw FDI surge 81% to USD510 million, far exceeding that of the eastern part of the country which registered 23%.