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People's Daily Online>>China Business

China's Q1 fixed-asset investment up 20.9 pct

(Xinhua)

10:20, April 13, 2012

BEIJING, April 13 (Xinhua) -- China's urban fixed asset investment rose 20.9 percent year-on-year to 4.7865 trillion yuan (761.22 billion U.S. dollars) in the first quarter of 2012, the National Bureau of Statistics (NBS) said Friday.

Investment in property development climbed 23.5 percent, the NBS said.

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