Investment slows
By Wang Yanlin |
October 17, 2012, Wednesday
|
Print Edition
Print 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, with the growth pace slowing 0.3 percentage point from the first eight months, the Shanghai Statistics Bureau said. Investment in urban infrastructure construction dropped 6.9 percent during the period, but investment in property jumped 12.2 percent, buoying the total volume together with investment in the manufacturing sector which rose 1.2 percent.
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