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China's urban fixed asset investment up 26.1% in Jan-Apr
Source :China Knowledge update : 2010-05-12
The growth rate was 4.4 percentage points higher than in the same period of last year.
Fixed asset investment in state-owned or state-funded enterprises was RMB 1.94 trillion, up 20.8% compared with investment in the same period of last year. Investment in the real estate sector totaled RMB 993.2 billion, 36.2% more than in the same period of last year.
The statistics also show that investment in central government and local government projects climbed 10.6% and 27.6% from a year earlier to RMB 383.3 billion and RMB 4.29 trillion, respectively.
Investment in primary industry, secondary industry and tertiary industry increased 16.5%, 21.7% and 29.7% year on year, respectively.
Investment in the coal mining and washing industry rose 27.8% to RMB 59.2 billion, and investment in the production and supply of electricity and heat was RMB 222.5 billion, up 5.6% over the same period of last year.
RMB 113.6 billion was invested in the railway transportation sector, 17.5% more than in the same period of last year. Investment in oil and natural gas extraction rose 2.7% to RMB 50.6 billion.
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