Macro-Economy
China's fixed asset investment to grow 22 pct: report
Last Updated:2012-12-10 11:42 | Xinhua
 Save  Print   E-mail

China's annual fixed asset investment is predicted to grow about 22 percent next year, according to a report by the State Information Center (SIC) on Monday.

Investment growth in the property sector will be about 15 percent next year, the report said.

The environment for investment growth next year may benefit from governmental change, favorable policies for private investors and strategies to bridge regional development gaps, the report said.

However, there are challenges due to the economic slowdown, policies targeted to cool the property sector and investors' weak confidence in the market, the report said.

It suggested for more efforts to maximize investment structure and efficiency, and to boost private investment so as to achieve stable growth.

China's fixed asset investment rose 20.7 percent year on year to 32.62 trillion yuan (5.18 trillion U.S. dollars) in the first 11 months of 2012, the National Bureau of Statistics (NBS) said on Sunday.

The SIC, set up in 1987, deals with economic information and is under the administration of the country's economic planner, the National Development and Reform Commission.

0
Share to 
Related Articles:
Most Popular
BACK TO UP
Edition:
Chinese | BIG5 | Deutsch
Link:    
Xinhuanet | Chinadaily.com.cn | People's Daily Online | China.org.cn | CNTV | China.com | Global Times | Ecns.cn | China Youth International | Visit Beijing | Women of China | Taiwan.cn
About CE.cn | About the Economic Daily | Contact us
Copyright 2011 China Economic Net. All right reserved