China’s fixed asset investments up 11.4 percent in January-May

Thursday, 11 June 2015 10:51:41 (GMT+3)   |   Shanghai
       

In the January-May period this year, total fixed asset investments (excluding rural households) in China amounted to RMB 17.1245 trillion ($2.76 trillion), up 11.4 percent year on year, as announced by China's National Bureau of Statistics (NBS) on June 11, with the year-on-year increase rate in question down 0.6 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 0.86 percent month on month.
 
In the first five months, total fixed asset investment in China's mining sector amounted to RMB 365.3 billion ($58.9 billion), down 9.1 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 5.8357 trillion ($0.94 trillion), up 10 percent year on year, with these respective year-on-year increase rates down 1.3 percentage points and increasing by 0.1 percentage points compared to those recorded in the January-April period this year.

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