China's FDI up 10.44% in January-February

China's foreign direct investment rose 10.44 percent year-on-year in the January-February period to $19.31 billion, the Ministry of Commerce said on Tuesday.

FDI inflow from the United States surged 43.26 percent year-on-year to $711 million in the first two months, while investment from the European Union dropped 13.82 percent, to $1.05 billion.

In the January-February period, investment from 10 Asian economies increased by 11.58 percent to $16.94 billion. FDI inflow from South Korea jumped 223.62 percent to $834 million.

In that time period, China's outward direct investment in non-financial sectors dropped 37.2 percent year-on-year to $11.54 billion, according to the ministry.