Trade Resources Economy Fixed Asset Investments in China Amounted to up 17.6 Percent Year on Year in March

Fixed Asset Investments in China Amounted to up 17.6 Percent Year on Year in March

In March of the current year, total fixed asset investments (excluding rural households) in China amounted to RMB 6.8322 trillion ($1.115 trillion), up 17.6 percent year on year, as announced by China's National Bureau of Statistics (NBS) on April 16, with the year-on-year increase rate in question down 0.3 percentage points compared to that recorded in the January-February period this year.

In March this year, total fixed asset investment in China's mining sector amounted to RMB 150 billion ($24.47 billion), up 12.1 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 2.3582 trillion ($0.385 trillion), up 15.2 percent year on year.

Source: http://www.steelorbis.com/steel-news/latest-news/chinas-fixed-asset-investments-up-176-percent-in-march-823865.htm
Contribute Copyright Policy
China's Fixed Asset Investments up 17.6 Percent in March
Topics: Metallurgy