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China’s fixed asset investments up 10.7 percent in Q1

Monday, 18 April 2016 10:58:40 (GMT+3)   |   Shanghai
       
In the first quarter of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 8.5843 trillion ($1.32 trillion), up 10.7 percent year on year, as announced by China's National Bureau of Statistics (NBS), with the year-on-year increase rate in question 0.5 percentage points higher than that recorded in the January-February period of the current year. In March, fixed asset investments (excluding rural households) in China increased by 0.86 percent month on month.

In the first quarter this year, total fixed asset investment in China's mining sector amounted to RMB 117.8 billion ($18.18 billion), down 18.1 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 2.7716 trillion ($0.43 trillion), up 6.4 percent year on year.

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