In the January-February period of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 3.8008 trillion ($0.59 trillion), up 10.2 percent year on year, with this growth rate 0.2 percentage points higher than that recorded in the same period last year, as announced by China’s National Development and Reform Commission (NDRC).
In particular, due to China’s policies to improve investment and stabilize economic growth, total fixed asset investments in newly-commenced projects in China increased by 41.1 percent in the January-February period this year, with this growth rate 42.9 percentage points higher than that recorded in the same period last year.