Latest News:  
Beijing   Sunny/Cloudy    21 / 10   City Forecast

Home>>China Business

China's fixed asset investment up 24.9 pct in first nine months

(Xinhua)

13:55, October 18, 2011

BEIJING, Oct. 18 (Xinhua) -- China's fixed asset investment rose 24.9 percent year-on-year to 21.23 trillion yuan (3.33 trillion U.S. dollars) in the first nine months of the year, the National Bureau of Statistics (NBS) said Tuesday.

The growth rate was 0.7 percentage points lower than that during the first six months, said NBS spokesman Sheng Laiyun in a press release.

Investment in the primary, secondary and tertiary industries rose 25.5 percent, 26.9 percent and 23.4 percent from last year, respectively, during the passing nine months.

Investment in the state-owned and state-controlled companies rose 12.7 percent to 7.35 trillion yuan during the period.

Meanwhile, investments in the nation's eastern regions grew 22.3 percent year-on-year, while the central and western regions' investments rose 29.9 percent and 29.5 percent, respectively.

Furthermore, investment in the nation's property sector rose 32 percent year-on-year to reach 4.42 trillion yuan. The rise was 0.9 percentage points lower than that in the first half. About 3.18 trillion yuan went into residential housing, an increase of 35.2 percent from the same period last year.

Floor space transactions of commercial housing climbed 12.9 percent year-on-year to 712.89 million square meters during the past nine months.

Email|Print|Comments(Editor:陈乐乐)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. School-food poisonings prompt call for stricter management

  2. Celebration begins as Libya's NTC to fully control Bani Walid

  3. Exhibition on Chinese craftsmanship opens

  4. Marriages need cash and love

Most Popular

Opinions

  1. Small vendors' wrath
  2. Sincerity needed to solve South China Sea dispute
  3. Money-dominated US must listen to its people
  4. Hold high banner of peace, development, co-op
  5. Rising inequlity threatens growth legitimacy
  6. Wall Street protests highlight global strife
  7. Watchful eye on Mekong River drug trade
  8. CPC's leadership essential to China's cause
  9. India-Vietnam oil exploration deal must be stopped
  10. China upholds peaceful development

What's happening in China

Mother testifies to good character of rescuer

  1. Screen doors make city's subways safer
  2. Wal-Mart top China exec quits
  3. Teen accused of hurting woman
  4. Experts call for public to help accident victims
  5. Taobao revises fee plan

PD Online Data

  1. Chinese Valentine's Day
  2. Double Ninth Festival
  3. Dragon Boat Festival
  4. Solar Terms
  5. Laba Festival