China’s fixed asset investments up 10 percent in 2015

Wednesday, 20 January 2016 10:25:59 (GMT+3)   |   Shanghai
       

In 2015, total fixed asset investments (excluding rural households) in China amounted to RMB 55.1590 trillion ($8.38 trillion), up 10.0 percent year on year, as announced by China's National Bureau of Statistics (NBS) on January 19, with the year-on-year increase rate in question down 0.2 percentage points compared to that recorded in the January-November period last year. In December last year, fixed asset investments (excluding rural households) in China increased by 0.68 percent month on month.

In 2015, total fixed asset investment in China's mining sector amounted to RMB 1.2971 trillion ($0.20 trillion), down 8.8 percent year on year, which compares to a year-on-year decrease of 8.7 percent in the January-November period last year, while fixed asset investment in China's manufacturing sector totaled RMB 18.0365 trillion ($2.74 trillion), up 8.1 percent year on year, with this increase rate down 0.3 percentage points compared to the year-on-year increase recorded in the January-November period.

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