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China fixed-asset investment up 25.5% in 2008
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10:57, January 22, 2009

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China's fixed-asset investment rose 25.5 percent year-on-year to 17.23 trillion yuan (2.52 trillion US dollars) in 2008, the National Bureau of Statistics (NBS) said Thursday.

The growth rate was 0.7 percentage points higher than the previous year.

Urban fixed-asset investment was 14.82 trillion yuan, representing an annual increase of 26.1 percent and up 0.3 percentage points from the previous year, and rural fixed-asset investment stood at 2.41 trillion yuan, up 21.5 percent.

NBS statistics showed that in urban areas, investments in primary industry increased by 54.5 percent to 225.6 billion yuan.

The secondary and tertiary industry enjoyed 6.5 trillion yuan and 8.09 trillion yuan of investment, up 28 percent and 24.1 percent, respectively.


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