China's urban fixed assets investment for the January-April period of 2009 totaled RMB 3.7082 trillion ($543.7 billion), up 30.5 percent compared with the same period last year. Investment in real estate development totaled RMB 729 billion ($106.9 billion), up 4.9 percent year on year.
Broken down into the various industrial sectors, investment in coal mining and dressing increased 36.6 percent year on year to RMB 46.4 billion ($6.8 billion); investment in the electricity and power supply industry increased 18 percent to RMB 210.7 billion ($30.9 billion); oil and gas exploration investment rose 10.1 percent to RMB 49.2 billion ($7.21 billion); investment in railway transportation went up 94.2 percent to RMB 96.7 billion ($14.18 billion); investment in non-metal minerals mining and processing increased 58.6 percent to RMB 124.5 billion ($18.26 billion); investment in ferrous metals mining and processing saw a rise of 4.7 percent to RMB 81.8 billion ($12 billion); and, finally, investment in non-ferrous metals mining and processing increased 26.3 percent to RMB 55.6 billion ($8.15 billion).
By the end of April there were 172,473 urban projects under construction in China, up by 34,597 projects year on year; total investment in these projects was RMB 24.8893 trillion ($3.6495 trillion), up 29.8 percent year on year. Meanwhile, newly launched urban projects stood at 86,420, up 26,744 year on year; a total investment of RMB 3.6797 trillion ($539.5 billion) is scheduled for the projects in question, up 90.7 percent compared with the same period last year.