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China's FAI seen to expand in 2013
Source: Xinhua |
December 11, 2012, Tuesday
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Print Edition
Print Edition
CHINA'S annual fixed-asset investment is predicted to grow about 22 percent next year, a report by the State Information Center said yesterday.
Investment growth in the property sector will be 15 percent in 2013, the report said.
The environment for investment growth next year may benefit from governmental change, favorable policies for private investors and strategies to bridge regional development gaps, the report said.
However, there are challenges due to the economic slowdown, policies to cool the property sector and investors' weak confidence in the market, the report said.
It suggested for more efforts to maximize investment structure and efficiency, and to boost private investment so as to achieve stable growth.
China's FAI surged 20.7 percent annually to 32.62 trillion yuan (US$5.18 trillion) in the first 11 months of 2012, the National Bureau of Statistics said on Sunday.
Investment growth in the property sector will be 15 percent in 2013, the report said.
The environment for investment growth next year may benefit from governmental change, favorable policies for private investors and strategies to bridge regional development gaps, the report said.
However, there are challenges due to the economic slowdown, policies to cool the property sector and investors' weak confidence in the market, the report said.
It suggested for more efforts to maximize investment structure and efficiency, and to boost private investment so as to achieve stable growth.
China's FAI surged 20.7 percent annually to 32.62 trillion yuan (US$5.18 trillion) in the first 11 months of 2012, the National Bureau of Statistics said on Sunday.
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