According to the data released by the National Bureau of Statistics of China on October 18, fixed asset investment (excluding rural households) in China reached RMB 21.2274 trillion ($3.3429 trillion) in the first three quarters of this year, recording a nominal growth of 24.9 percent year on year. In real terms, fixed asset investment in China rose by 16.9 percent year on year, the bureau said.
In the given period, real estate investment in China reached RMB 4.4225 trillion ($696.4567 billion), up 32 percent year on year.