SteelOrbis Shanghai
In the January-April period, China's urban fixed assets investment totaled RMB 2.841 trillion ($405.9 billion), up 25.7 percent compared with the same period last year. This growth was 1.1 percentage points higher than that for the first quarter, and indicates an increase of 0.2 of a percentage point year on year.
Meanwhile, the investments in the primary, secondary, and tertiary industries were RMB 32 billion ($4.57 billion), RMB 1.2512 trillion ($178.7 billion), and RMB 1.5578 trillion ($222.5 billion), up 71.6 percent, 25.9 percent, and 24.9 percent respectively year on year.
Broken down into the various industrial sectors, the investment in coal mining and dressing increased 47.0 percent to RMB 33.9 billion ($4.8 billion); power supply industry investment increased 4.4 percent to RMB 178.5 billion ($25.5 billion); oil and gas exploration investment rose 14.5 percent to RMB 44.7 billion ($6.4 billion); investment in railway transportation went up 18.5 percent to RMB 49.8 billion ($7.1 billion); investment in non-metal minerals mining and processing increased 43.5 percent to RMB 78.5 billion ($11.2 billion); investment in ferrous metals mining and processing saw a rise of 25.2 percent to RMB 78.2 billion ($11.2 billion); and finally, investment in non-ferrous metals mining and processing increased 40.8 percent to RMB 44 billion ($6.3 billion).