Investment in Technical Upgrading Rose 12.6% in First Quarter
China's investment in technical renovation maintains steady growth momentum in the first quarter, reversing the downturn situation of last year.
It is reported that China completed 37.744 billion yuan worth of investment in technical renovation in the first quarter, up 12.6% from the same period of last year and 7.9 percentage points higher than that of investment in fixed assets. The projects in progress in the first quarter numbered 10547, a rise of 22% year-on-year.
