Fixed Assets Investment Climbs In China

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.