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Investment still huge driver of economy: Experts

By Wei Tian in Shanghai | China Daily | Updated: 2013-10-19 08:26

Investment will remain a major driver of China's economy as a result of the government's mini-stimulus, and experts forecast that capital-driven growth will continue to accelerate for the rest of the year as the economic outlook brightens.

As of the end of September, fixed-asset investment was up 20.2 percent year-on-year to 30.9 trillion yuan ($5.07 trillion), the National Bureau of Statistics said on Friday.

Investment-driven growth contributed 55.8 percent, or 4.3 percentage points, of the overall GDP expansion in the first three quarters, according to Sheng Laiyun, NBS spokesman.

Investment still huge driver of economy: Experts

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