China’s fixed asset investments up 19.6 percent in 2013

Monday, 20 January 2014 14:49:47 (GMT+3)   |   Shanghai
       

In 2013, China's total fixed asset investments (excluding rural households) amounted to RMB 43.6528 trillion ($7.21 trillion), up 19.6 percent year on year, with this growth rate down 0.3 percentage points compared to the year-on-year increase rate recorded in January-November and down 1.1 percentage points compared to the year-on-year increase rate in 2012, as announced by China's National Bureau of Statistics (NBS) on January 20. In December alone, China's total fixed asset investments (excluding rural households) was up 1.41 percent month on month.
 
Meanwhile, in 2013 fixed asset investments in China's industrial sector totaled RMB 18.1864 trillion ($3.00 trillion), up 17.8 percent year on year. In particular, total fixed asset investment in China's mining sector in the given period amounted to RMB 1.4750 trillion ($0.24 trillion), up 10.9 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 14.7370 trillion ($2.43 trillion), up 18.5 percent year on year.

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