China’s fixed asset investments up 6.1 percent in January-April

Thursday, 16 May 2019 10:24:16 (GMT+3)   |   Shanghai

In the January-April period of this year, total fixed asset investments (excluding rural households) in China amounted to RMB 15.5747 trillion ($2.3 trillion), up 6.1 percent year on year, as announced by China's National Bureau of Statistics (NBS), with the year-on-year increase rate in question 0.2 percentage points lower compared to that recorded for the January-March period this year. In April alone, fixed asset investments (excluding rural households) in China increased by 0.45 percent month on month.

In the first four months of the current year, total fixed asset investment in China's mining sector was up 25.7 percent year on year, while fixed asset investment in China's manufacturing sector rose by 2.5 percent year on year, with the year-on-year increase rates in question respectively up 10.9 percentage points and down 2.1 percentage points compared to the increase rates recorded for the January-March period.

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