NBS: China’s private sector FAI up 6.7 percent in Jan-Feb

In the January-February period of the current year, private sector fixed asset investments (FAI) in China amounted to RMB 2.4977 trillion ($361.46 billion), up 6.7 percent year on year, as announced by China's National Bureau of Statistics (NBS), with the year-on-year increase rate in question up 3.5 percentage points compared to that recorded for 2016. In the January-February period, the share of private sector fixed asset investments in total fixed asset investments - excluding rural households - was 60.4 percent.