(Photo: chinadaily.com.cn)
Fixed asset investment rose to 9.03 trillion yuan (1.39 trillion U.S. dollars) in the first five months, up 25.8 percent from the same period last year, China's National Bureau of Statistics (NBS) announced on Tuesday.
The growth rate was 0.4 percentage point higher than that during the first four months.
In May, fixed asset investment rose 1.02 percent from April.
During the Jan-May period, investment in centrally-administered projects reached 567 billion yuan, up 0.3 percent, while those in local regions rose 28 percent to hit 8.46 trillion yuan.
Investment in the primary, secondary and tertiary industries rose 15.6 percent, 26.3 percent and 25.9 percent from one year earlier, respectively, during the first five months.
Furthermore, investment in the nation's property sector rose 34.6 percent year-on-year to reach 1.87 trillion yuan -- of which 1.33 trillion yuan went into residential housing, an increase of 37.8 percent from the same period last year.
Source:Xinhua
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