China’s fixed asset investments up 7.8 percent in January-August

Friday, 15 September 2017 10:47:43 (GMT+3)   |   Shanghai
       

In the January-August period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 39.415 trillion ($6.1 trillion), up 7.8 percent year on year, as announced by China's National Bureau of Statistics (NBS), with the year-on-year increase rate in question down 0.5 percentage points compared to that recorded in the January-July period of the current year. In August, fixed asset investments (excluding rural households) in China increased by 0.57 percent month on month.

In the January-August period of the current year, total fixed asset investment in China's mining sector amounted to RMB 564.9 billion ($86.9 billion), down 7.0 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 12.168 trillion ($1.872 trillion), up 4.5 percent year on year.


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