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China's fixed asset investment up 25.8% Feb.-May

0 CommentsPrint E-mail Xinhua, June 14, 2011
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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.

In May, fixed asset investment rose 1.02 percent from April.

During the first five months, 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.

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