Foreign direct investment (FDI) into China accelerated by 32.2 percent year-on-year to $7.8 billion in February, the Ministry of Commerce (MOC) said Tuesday.

China's fiscal revenue jumped 41.5 percent year-on-year in February to 699.7 billion yuan ($106.5 billion), the Ministry of Finance (MOF) said Monday. 

China is "highly likely" to see more trade deficits in the coming months after it reported a surprise February deficit, the biggest in 7 years, due to slowing overseas demand and rising commodity prices, economists said.

The country will spend about 1.3 trillion yuan ($197 billion) to build 10 million units of government-subsidized housing this year, a senior official said on Wednesday, amid government efforts to curb surging property prices and deliver the benefits of economic growth to more people.

Import tariffs levied against resources and high-tech products will probably soon be lowered and favorable rules could also be on the way to ensure people buy luxury goods in China instead of heading overseas, according to economic advisers close to the nation's decision-makers.