China’s fixed asset investments show hefty growth in Jan-Sep

Friday, 18 October 2013 13:28:48 (GMT+3)   |   Shanghai

In the first nine months of the current year, China's overall fixed asset investments totaled RMB 30.9208 trillion ($5.05 trillion), rising by a hefty 20.2 percent year on year, while the investment figure for September alone was up 1.28 percent month on month, as announced by China's National Bureau of Statistics (NBS) on October 18.

In particular, nearly RMB 679.9 billion ($111.1 billion) of China's fixed asset investment total for the January-September period was used in agriculture, RMB 13.2607 trillion ($2.17 trillion) was invested in industry, and RMB 16.9802 trillion ($2.77 trillion) was invested in the services sector, with respective increases of 31.1 percent, 17.1 percent and 22.3 percent year on year.

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