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Urban FAI posts 25% climb to US$3.19t
Source: Xinhua |
December 13, 2010, Monday
|
Print Edition
Print Edition
CHINA'S urban fixed asset investment rose an annual 24.9 percent in the first 11 months to 21.07 trillion yuan (US$3.19 trillion), the National Bureau of Statistics said on Saturday.
The growth rate was 0.5 percentage point higher than that during the first 10 months, according to figures released by the bureau.
Urban investment in the primary industry rose 16.6 percent, up 22.7 percent in secondary and up 26.9 percent in tertiary.
During the first 11 months, investment in central government projects rose 10.2 percent annually to 1.68 trillion yuan, while funds in local government projects surged 26.4 percent to 19.39 trillion yuan, according to bureau data.
Property development funds rose 36.5 percent annually to 4.27 trillion yuan.
During the same period, state-owned and state-controlled investment added 19 percent annually to 8.75 trillion yuan.
Investment in railway construction and transport jumped 25.3 percent to 582.2 billion yuan, while investment in petroleum and gas exploration gained 5.8 percent to 219.4 billion yuan for the first 11 months.
The growth rate was 0.5 percentage point higher than that during the first 10 months, according to figures released by the bureau.
Urban investment in the primary industry rose 16.6 percent, up 22.7 percent in secondary and up 26.9 percent in tertiary.
During the first 11 months, investment in central government projects rose 10.2 percent annually to 1.68 trillion yuan, while funds in local government projects surged 26.4 percent to 19.39 trillion yuan, according to bureau data.
Property development funds rose 36.5 percent annually to 4.27 trillion yuan.
During the same period, state-owned and state-controlled investment added 19 percent annually to 8.75 trillion yuan.
Investment in railway construction and transport jumped 25.3 percent to 582.2 billion yuan, while investment in petroleum and gas exploration gained 5.8 percent to 219.4 billion yuan for the first 11 months.
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