China’s fixed asset investments up 8.1 percent in January-July

Monday, 15 August 2016 09:51:47 (GMT+3)   |   Shanghai
       

In the January-July period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 31.1694 trillion ($4.69 trillion), up 8.1 percent year on year, as announced by China's National Bureau of Statistics (NBS), with the year-on-year increase rate in question 0.9 percentage points lower than that recorded in the January-June period of the current year. In July, fixed asset investments (excluding rural households) in China increased by 0.31 percent month on month.

In the January-July period of the current year, total fixed asset investment in China's mining sector amounted to RMB 513.8 billion ($77.38 billion), down 22.9 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 9.9619 trillion ($1.50 trillion), up 3.0 percent year on year.

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