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China's urban fixed-asset investment up 26.1% in April

By Yu Hongyan (chinadaily.com.cn)
Updated: 2010-05-11 09:43
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China's urban fixed-asset investment increased by 26.1 percent year-on-year to 4.674 trillion yuan ($684.63 billion) in the first four months of this year, the National Bureau of Statistics (NBS) announced today.

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The growth rate was 4.4 percentage points lower from the same period of 2009, said the NBS.

The growth followed a 26.4 percent increase in the first quarter this year.

Investment in the country's property market climbed 36.2 percent to 993.2 billion yuan in the first four months this year, it said. The growth rate accelerated from 35.1 percent in the first quarter.