BUSINESS China's fixed-asset investment up 6.1 pct

BUSINESS

China's fixed-asset investment up 6.1 pct

Xinhua

10:35, May 15, 2019

BEIJING, May 15 (Xinhua) -- China's fixed-asset investment (FAI) grew 6.1 percent year on year in the first four months of 2019, retreating 0.2 percentage points from the first quarter, the National Bureau of Statistics (NBS) said Wednesday.

VCG111188985208.jpg

(File Photo: VCG)

The pace quickened from the 5.9-percent annual growth last year, the NBS data showed.

The FAI includes capital spent on infrastructure, property, machinery and other physical assets.

During the January-April period, the FAI amounted to 15.6 trillion yuan (about $2.3 trillion).

Investment by the state sector went up 7.8 percent during the period, while private-sector investment increased 5.5 percent, 0.9 percentage points lower than that in the first three months.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue