China’s fixed asset investments up 9.6 percent in January-May

Tuesday, 14 June 2016 10:18:59 (GMT+3)   |   Shanghai
       

In the January-May period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 18.7671 trillion ($2.85 trillion), up 9.6 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-April period of the current year. In May, fixed asset investments (excluding rural households) in China increased by 0.49 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 305.4 billion ($46.41 billion), down 16.4 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 6.1041 trillion ($0.93 trillion), up 4.6 percent year on year.

Similar articles

China’s NDRC approves 56 fixed asset investment projects in Jan-Apr

18 May | Steel News

FAI in China’s railways amounts to RMB 167.4 billion in Jan-Apr

10 May | Steel News

China’s FAI in transportation totals RMB 720.5 billion in Q1, up 13.3%

28 Apr | Steel News

China’s NDRC approves 42 fixed asset investment projects in Q1

20 Apr | Steel News

China’s Yongjin Metal to build precision stainless steel plant in Vietnam

17 Apr | Steel News

Xinyegang Steel plans to become majority shareholder in Nangang Group

03 Apr | Steel News

Changge Jinhui Stainless Steel Industry Group acquires 10% stake in Henan Steel

30 Mar | Steel News

Changbao Steel Tube subsidiary to invest in precision pipe project for NEVs

23 Mar | Steel News

FAI in China up 5.5 percent in January-February

16 Mar | Steel News

China’s real estate investments decline by 5.7 percent in Jan-Feb

15 Mar | Steel News