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City's fixed asset investment up 5.2% in Jan-Sep period
By Wang Yanlin |
October 16, 2012, Tuesday
|
Online Edition
Online Edition
FIXED-ASSET investment in Shanghai expanded 5.2 percent from a year earlier to 337.9 billion yuan (US$53.6 billion) in the first three quarters but the pace slowed 0.3 percentage points from that in the first eight months, the Shanghai Statistics Bureau said yesterday.
Investment in urban infrastructure construction dropped 6.9 percent during the period, but investment in residential and commercial property jumped 12.2 percent. Investment in the manufacturing sector increased 1.2 percent.
Investment in urban infrastructure construction dropped 6.9 percent during the period, but investment in residential and commercial property jumped 12.2 percent. Investment in the manufacturing sector increased 1.2 percent.
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