China’s fixed asset investments up 15.7 percent in 2014

Tuesday, 20 January 2015 16:59:31 (GMT+3)   |   Shanghai
       

In 2014, total fixed asset investments (excluding rural households) in China amounted to RMB 50.2005 trillion ($8.097 trillion), up 15.7 percent year on year, as announced by China's National Bureau of Statistics (NBS) on January 20, with the year-on-year increase rate in question down 0.1 percentage point compared to that recorded in the January-November period last year.

In 2014, total fixed asset investment in China's mining sector amounted to RMB 1.4681 trillion ($236.79 billion), up 0.7 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 16.6918 trillion ($2.692 trillion), up 13.5 percent year on year, with these respective year-on-year increase rates down 0.7 percentage points and remaining stable compared to those recorded in the January-November period last year.