Business
Fixed Assets Investment Climbs In China
July 24, 2007 | By China Retail News |
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The National Bureau of Statistics of China reports that total investment in fixed assets in the whole country stood at RMB5.41 trillion in the first half year, a rise of 25.9 percent, year-on-year.
Of that total, investment in fixed assets in urban areas hit RMB4.6 trillion, climbing 26.7 percent. That of rural areas reached RMB809 billion, a rise of 21.5 percent.
In terms of buildings under and new constructions, by the end of first half year, the cumulative number of urban construction projects over RMB500,000 was 193,160, a year-on-year increase of 22,383.
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