Qualified foreign institutional investors (QFII) injected 7.7 billion U.S. dollars in net inflow into China last year, 6.9 billion more than in 2011, the State Administration of Foreign Exchange (SAFE) said Thursday.

SAFE had granted a total of 169 QFIIs as of the end of 2012 with investment quotas totaling 37.4 billion dollars, the administration said.

QFIIs had put 29.7 billion dollars into the Chinese capital market and withdrawn 5.6 billion dollars from China as of the end of last year.

More overseas investors were allowed to enter China's capital market last year amid efforts to open up the country's financial sector.

China granted QFII licenses to 72 new foreign investors in 2012, a record number since the QFII program began in 2002.

Foreign institutions are allowed to buy Chinese shares mainly through two programs -- QFII and RMB QFII, as foreign individuals are barred. Endi

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