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Anhui's fixed-asset investment up 1.7% in Jan-Aug

Pub Date:2020-09-30 10:32 Source:www.cnanhui.org

Anhui's fixed-asset investment (FAI) edged up 1.7 percent year on year during the January-August period, 2.0 percentage points higher than the national level, official data showed on Tuesday.

The FAI paced up in the first eight months from the 1.1-percent increase in the January-July period, according to the Anhui Provincial Bureau of Statistics.

In August alone, the FAI rose 5.4 percent from the same period a year ago.

The eastern Chinese province’s investment in infrastructure increased 9.8 percent during the first eight months. Its FAI in the transport sector went up 10.1 percent.

The province’s investment in property development rose 2.7 percent year on year, compared to the 1.8-percent increase during the January-July period.

The FAI in the secondary sector decreased 9.7 percent year on year in the first eight months this year. The decline narrowed from the 11.2-percent fall in the first seven months.

Investment in the manufacturing sector dropped 11 percent in the January-August period.

The FAI includes capital spent on infrastructure, property, machinery and other physical assets.


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