China's Ministry of Commerce says the nation drew 95 billion U.S. dollars in foreign direct investment or FDI in the first 10 months of the year. That's up 15.9 percent from the same period last year.

In October alone, China attracted 8.3 billion U.S. dollars in FDI, up nearly 9 percent from a year ago. That’s compared to an eight percent annual jump in September. Investment inflows have been surging, ever since China joined the World Trade Organization in 2001, and have recovered after being hit hard by the global economic slowdown.

Meanwhile, Chinese companies invested more than 46 billion U.S. dollars in the first 10 months this year, up 14.1 percent year on year. We will continue our coverage on China’s overseas investment later in the program. But in the meantime, the ministry also cautioned that China's export outlook is not optimistic for the rest of the year and the early part of next year.