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China's urban fixed-asset investment up 33.1%

China's urban fixed-asset investment up 33.1%

Write: Belle [2011-05-20]

China's urban fixed-asset investment rose 33.1 percent in the first 10 months to 15.07 trillion yuan (2.21 trillion U.S. dollars), compared with the same period a year earlier, the National Bureau of Statistics (NBS) announced Wednesday.

The growth rate was 5.9 percentage points higher than that in the same period of last year, but 0.2 percentage points lower than that in the first nine months, NBS spokesman Sheng Laiyun said at a press conference.

From China Cement (2009-11-11)