China’s fixed asset investments up 8.9 percent in January-April

Tuesday, 16 May 2017 10:03:52 (GMT+3)   |   Shanghai
       

In the January-April period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 14.4327 trillion ($2.09 trillion), up 8.9 percent year on year, as announced by China's National Bureau of Statistics (NBS), with the year-on-year increase rate in question 0.3 percentage points lower than that recorded in the January-March period of the current year. In April alone, fixed asset investments (excluding rural households) in China increased by 0.71 percent month on month.

In the January-April period, total fixed asset investment in China's mining sector amounted to RMB 183.4 billion ($26.58 billion), down 9.5 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 4.5379 trillion ($0.66 trillion), up 4.9 percent year on year.

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