China’s fixed asset investments up 8.3 percent in January-October

Monday, 14 November 2016 10:02:34 (GMT+3)   |   Shanghai
       

In the January-October period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 48.4429 trillion ($7.10 trillion), up 8.3 percent year on year, as announced by China's National Bureau of Statistics (NBS) on November 14, with the year-on-year increase rate in question up 0.1 percentage point compared to that recorded in the January-September period of the current year. In October, fixed asset investments (excluding rural households) in China increased by 0.58 percent month on month.

In the January-October period of the current year, total fixed asset investment in China's mining sector amounted to RMB 831.6 billion ($121.94 billion), down 20.9 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 15.3068 trillion ($2.24 trillion), up 3.1 percent year on year.

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