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China's fixed-asset investment up 1.8 pct in first 10 months
Last Updated: 2020-11-16 11:50 | Xinhua
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China's fixed-asset investment (FAI) went up 1.8 percent year on year in the first 10 months of the year, 1 percentage point higher than the rise in the first nine months, data from the National Bureau of Statistics (NBS) showed Monday.

In the first 10 months, the FAI amounted to 48.33 trillion yuan (about 7.32 trillion U.S. dollars), according to the NBS.

Investment by the private sector fell 0.7 percent year on year in the first 10 months, with the drop narrowing 0.8 percentage points from that in the first nine months.

On a month-on-month basis, FAI rose 3.22 percent in October.

The FAI includes capital spent on infrastructure, property, machinery and other physical assets. Enditem

(Editor:Fu Bo)

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China's fixed-asset investment up 1.8 pct in first 10 months
Source:Xinhua | 2020-11-16 11:50
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