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  Shanghai BAS Garage Equipment Co.,Ltd.
Tel: +86-21-62155502 62155475
Fax: +86-21-62155508
Add: No.3521,Baoan Road, baoshan District,Shanghai City,China
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Post code: 201801
Post code:201801
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China fixed assets investment up 27%

China's  fixed assets investment rose 27% to 8.9 trillion yuan in the first ten months,  the National Bureau of Statistics (NBS) on Friday.

The increase was 0.1 percentage point higher than the growth rate in the same period last year ,and 0.5 percentage points higher than the January-September figure, said the NBS.

Of the total investment in urban areas, 107 billion yuan went into primary industry, up 39.9 %; secondary industry accounted for 4 trillion yuan, up 29.6 percent, and tertiary industry 4.9 trillion yuan, up by 24.7 percent.

Investment in state-owned and state-holding enterprises was 3.9 trillion yuan, up by 16.6%, Investment in real estate was 1.9 trillion yuan, up by 31.4 percent.

In the first ten months, construction of 191,000 new projects began, 22,000 more than in the same period last year. The planned investment in new projects was 6.67 trillion yuan, up 26.5 percent.

 
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