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China Daily Website

China's fixed asset investment rises 20.2%

Updated: 2013-10-18 11:32
By Li Jiabao ( chinadaily.com.cn)

In the first nine months of this year, China's fixed asset investment rose 20.2 percent from a year ago to 30.92 trillion yuan ($5.07 trillion), 0.1 percentage points higher than the first half of this year, the National Bureau of Statistics said on Friday.

In breakdown, investment in infrastructure surged 25.1 percent year-on-year in the first nine months to 4.84 trillion yuan, according to the bureau.

In September, fixed asset investment increased 1.28 percent from the previous month, said the bureau.

In the first nine months of this year, investment in real estate development went up 19.7 percent year-on-year to 6.11 trillion yuan.