China's Fixed Asset Investment up 25.9 Pct in First Five Months -Shanghai Metals Market

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China's Fixed Asset Investment up 25.9 Pct in First Five Months

Data Analysis 10:36:45AM Jun 11, 2010 Source:SMM

BEIJING, Jun. 11 -- Urban fixed asset investment in China for the first five months rose 25.9 percent year on year to 6.74 trillion yuan (986.76 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Friday.

The growth rate was 0.2 percentage points down from that for the first four months, according to the NBS.

Investment in the country's property sector climbed 38.2 percent to 1.39 trillion yuan in the first five months.

 

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China's Fixed Asset Investment up 25.9 Pct in First Five Months

Data Analysis 10:36:45AM Jun 11, 2010 Source:SMM

BEIJING, Jun. 11 -- Urban fixed asset investment in China for the first five months rose 25.9 percent year on year to 6.74 trillion yuan (986.76 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Friday.

The growth rate was 0.2 percentage points down from that for the first four months, according to the NBS.

Investment in the country's property sector climbed 38.2 percent to 1.39 trillion yuan in the first five months.