China fixed-asset investment up 25% in H1
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China's fixed-asset investment in the first six months rose 25 percent year on year to 11.4187 trillion yuan (US$1.67 trillion), the National Bureau of Statistics (NBS) announced Thursday.
The growth rate of investment in fixed assets came down from a high level while the investment in real estate experienced accelerated growth.
The investment in urban areas reached 9,804.7 billion yuan, up by 25.5 percent while that in rural areas was 1,614.0 billion yuan, up by 22.1 percent.
Of the total investment in fixed assets in urban areas, that in the primary industry, the secondary industry and the tertiary industry went up by 17.8 percent, 22.3 percent and 28.4 percent respectively.
The investment in eastern, central and western regions grew by 22.4 percent, 28.0 percent and 27.3 percent respectively.
In the first half of this year, the investment in real estate development was 1,974.7 billion yuan, up by 38.1 percent year-on-year.
