Latest News
China's fixed-asset investment up 10.3 pct in Jan.-July
Last Updated: 2021-08-16 14:11 | Xinhua
 Save  Print   E-mail

China's fixed-asset investment (FAI) went up 10.3 percent year on year in the first seven months of this year, data from the National Bureau of Statistics (NBS) showed Monday.

During the January-July period, the FAI amounted to 30.25 trillion yuan (about 4.67 trillion U.S. dollars), according to the NBS.

Compared with the 2019 level, the FAI growth came in at 8.7 percent for the period. The average January-July growth rate in the recent two years stood at 4.3 percent.

Investment by the private sectors rose 13.4 percent to 17.35 trillion yuan in the first seven months, NBS data showed.

On a month-on-month basis, FAI gained 0.18 percent in July.

Investment in the primary industry increased 21.8 percent year on year in the first seven months, with that in the secondary industry rising 14.4 percent and that in the tertiary industry climbing 8.2 percent.

Specifically, investment in manufacturing and infrastructure gained 17.3 percent and 4.6 percent year on year, respectively, NBS data showed.

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

(Editor:Fu Bo)

Share to 
0
Related Articles:
BACK TO TOP
  • Sports
  • Soccer
  • Basketball
  • Tennis
  • Formula One
  • Athletics
  • Others
  • Entertainment
  • Celebrity
  • Movie & TV
  • Music
  • Theater & Arts
  • Fashion
  • Beauty Pageant
Edition:
Link:    
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2020 China Economic Net. All right reserved
China's fixed-asset investment up 10.3 pct in Jan.-July
Source:Xinhua | 2021-08-16 14:11
Share to 
0