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China’s fixed asset investments up 11.4 percent in January-June

Thursday, 16 July 2015 10:43:17 (GMT+3)   |   Shanghai
       
In the January-June period this year, total fixed asset investments (excluding rural households) in China amounted to RMB 23.7132 trillion ($3.82 trillion), up 11.4 percent year on year, as announced by China's National Bureau of Statistics (NBS) on July 15, with the year-on-year increase rate in question remaining stable compared to that recorded in the January-May period of the current year. In June, fixed asset investments (excluding rural households) in China increased by 0.88 percent month on month.
 
In the first six months of the current year, total fixed asset investment in China's mining sector amounted to RMB 526.1 billion ($84.85 billion), down 7.7 percent year on year, which compares to a year-on-year decrease rate of 9.1 percent in the January-May period this year, while fixed asset investment in China's manufacturing sector totaled RMB 7.9663 trillion ($1.28 trillion), up 9.7 percent year on year, down 0.3 percentage points compared to the year-on-year increase recorded in the first five months this year.


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