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Fixed asset investments grow rapidly in H1
20
Jul '09
According to the report of the National Bureau of Statistics, China's fixed asset investment showed rapid growth in the first half. In the first half, total fixed asset investment of the whole industrial sector touched 9.1321 trillion Yuan, up 33.5 percent year-on-year.

Among them, in urban areas the fixed-asset investment was 7.8098 trillion Yuan, an increase of 33.6 percent while fixed assets investment was 1.3223 trillion Yuan in rural areas, an increase of 32.7 percent, when compared with the same period of last year.

Investment in infrastructure (excluding electricity) increased 57.4 percent, water conservancy, environment and public facilities management industries grew 54.5 percent; public health, social security and social welfare industries rose 71.3 percent; culture, sports and entertainment industries grew 57.1 percent.

Fibre2fashion News Desk - India

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