China’s fixed asset investments up 10.9 percent in January-August

Monday, 14 September 2015 12:25:34 (GMT+3)   |   Shanghai
       

In the January-August period this year, total fixed asset investments (excluding rural households) in China amounted to RMB 33.8977 trillion ($5.32 trillion), up 10.9 percent year on year, as announced by China's National Bureau of Statistics (NBS) on September 13, with the year-on-year increase rate in question down 0.3 percentage points compared to that recorded in the January-July period of the current year. In August, fixed asset investments (excluding rural households) in China increased by 0.73 percent month on month.
 
In the first eight months of this year, total fixed asset investment in China's mining sector amounted to RMB 800.4 billion ($125.7 billion), down 7.6 percent year on year, which compares to a year-on-year decrease of 6.5 percent in the January- July period this year, while fixed asset investment in China's manufacturing sector totaled RMB 11.3313 trillion ($1.78 trillion), up 8.9 percent year on year, decreasing by 0.3 percentage points compared to the year-on-year increase recorded in the January-July period this year

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