China’s fixed asset investments up 8.6 percent in January-May

Wednesday, 14 June 2017 10:02:42 (GMT+3)   |   Shanghai
       

In the January-May period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 20.3718 trillion ($3.0 trillion), up 8.6 percent year on year, as announced by China's National Bureau of Statistics (NBS), with the year-on-year increase rate in question down 0.3 percentage points compared to that recorded in the January-April period of the current year. In May, fixed asset investments (excluding rural households) in China increased by 0.72 percent month on month.

In the January-May period of the current year, total fixed asset investment in China's mining sector amounted to RMB 270.7 billion ($39.8 billion), down 11.4 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 6.4183 trillion ($0.944 trillion), up 5.1 percent year on year.

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