FDI grows steadily amid reform drive

Foreign direct investment in China grew steadily in the first 10 months of the year amid sweeping government reforms that are expected to reshape the world's second-largest economy.

FDI was up 5.77 percent year-on-year at $97.03 billion during the period, the Ministry of Commerce said on Tuesday.

October marked the ninth straight monthly increase in FDI, which rose 1.24 percent to $8.42 billion, compared with 4.88 percent in September and just 0.62 percent in August.