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China will accelerate the opening of its capital market to foreign asset managers and the market will likely see a surge in new investment products offered by foreign funds in the first quarter of this year, according to a senior official of the Asset Management Association of China.

China remains capable of attracting global investment this year, as foreign direct investment from nonfinancial sectors into the Chinese mainland grew 4 percent year-on-year to 87.57 billion yuan (.68 billion) in January, data from the Ministry of Commerce showed.

China upholds peaceful development and cooperation to actively advocate a new type of international relations and the push to build a community of shared future for mankind, a senior Chinese official said in Sochi, Russia, on Thursday.

China was on the list of countries affected and has had 37 batches of products involved, Beijing Evening News said.

China knows clearly that for any regional trade arrangement to gain broad support, it must be open, inclusive and beneficial to all.