China’s fixed asset investments up 5.6 percent in Jan-May

Monday, 17 June 2019 11:22:58 (GMT+3)   |   Shanghai
       

In the January-May period of this year, total fixed asset investments (excluding rural households) in China amounted to RMB 21.7555 trillion ($3.15 trillion), up 5.6 percent year on year, as announced by China's National Bureau of Statistics (NBS), with the year-on-year increase rate in question 0.5 percentage points lower compared to that recorded for the January-April period this year. In May alone, fixed asset investments (excluding rural households) in China increased by 0.41 percent month on month.

In the first five months of the year, total fixed asset investment in China's mining sector was up 26.1 percent year on year, while fixed asset investment in China's manufacturing sector rose by 2.7 percent year on year, with the year-on-year increase rates in question up 0.4 percentage points and 0.2 percentage points compared to those recorded for the January-April period.


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