China’s fixed asset investments up 12 percent in January-April

Thursday, 14 May 2015 11:02:32 (GMT+3)   |   Shanghai
       

In the January-April period this year, total fixed asset investments (excluding rural households) in China amounted to RMB 11.9979 trillion ($1.94 trillion), up 12.0 percent year on year, as announced by China's National Bureau of Statistics (NBS) on May 13, with the year-on-year increase rate in question down 1.5 percentage points compared to that recorded in the January-March period of the current year. In April, fixed asset investments (excluding rural households) in China increased by 0.89 percent month on month.
 
In the first four months, total fixed asset investment in China's mining sector amounted to RMB 239.0 billion ($38.5 billion), down 7.8 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 4.0819 trillion ($0.66 trillion), up 9.9 percent year on year, with these respective year-on-year increase rates down 3.9 percentage points and decreasing by 0.5 percentage points compared to those recorded in the January-March period this year.

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