E-mail lunthesis@163.com Phone 0551-65179860-203

China's fixed-asset investment up 5.8 pct in first 8 months

Pub Date:2022-09-16 14:54 Source:Xinhua

BEIJING, Sept. 16 (Xinhua) -- China's fixed-asset investment went up 5.8 percent year on year in the first eight months of this year, data from the National Bureau of Statistics showed Friday.

Fixed-asset investment from January to August totaled 36.71 trillion yuan (about 5.3 trillion U.S. dollars), the bureau said in a statement.

The growth quickened from a 5.7 percent increase posted in the first seven months.

From January to August, fixed-asset investment from the private sector increased 2.3 percent from a year earlier to 20.31 trillion yuan.

Investment in infrastructure and manufacturing gained 8.3 percent and 10 percent year on year during the period, respectively.

Investment in property development went down 7.4 percent year on year in the first eight months.

Investment into the high-tech industries saw stellar growth in the same period, with that in the high-tech manufacturing and services sectors jumping by 23 percent and 14.2 percent year on year, respectively, the bureau's data showed.

China has made a series of pro-investment moves this year. For instance, local governments nationwide have expedited the use of special-purpose bonds to catalyze investment.

The latest data shows that 3.52 trillion yuan worth of special-purpose bonds in total had been allocated as of the end of August, with those issued for project construction almost hitting the annual quota.

Editor:Li Ruichuan

Related News
- High-tech zones lead innovative growth over past decade    2022-09-16 09:17
- China's tax, fee cuts, deferrals inject market vitality    2022-09-16 09:17
- China to further stabilize industrial, supply chains    2022-09-16 09:13
- Insurers to lend chip firms hand    2022-09-15 09:08
 
photo  >>
Wuhu, Anhui: 100,000 mu of canola flowers blossoming
Guest countries of honor attract visitors at 6th CIIE
Video  >>
【网络中国节·元宵】 Happy Lantern Festival! Intangible cultural heritage in Anhui—— Fish Lantern 一夜“鱼”龙舞
2024 Chinese New Year: OMG! The God of Wealth is at your door!
People  >>
Hebei rolls out red carpet for talent
Transnational couple revives ancient dwelling in east China
Travel  >>
Huangshan listed among China's Top 10 scenic cities
China expects travel spree during May Day holiday
Contact Us
Copyright ©2000-2021 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited. 皖B2-20080023-7