Bank praises nation for FDI success

A World Bank report on China's foreign direct investment (FDI) policy praised the country for its success in attracting foreign capital and suggests it further encourage FDI inflows.

China has attracted about one-quarter of FDI flowing into developing countries in the past decade, said the report.

In 2004, China's FDI totaled $60.6 billion, accounting for 9.9 percent of the global total.