In the January-February period of this year, China's total fixed asset investment (excluding rural households) amounted to RMB 2.5676 trillion ($409 billion), up 21.2 percent year on year, according to the figures released by China's National Bureau of Statistics. The year-on-year growth rate in question is down 0.3 percentage points compared to the same period of last year, while it is up 0.6 percentage points compared with the whole year of 2012.
Meanwhile, in February alone, China's total fixed asset investment indicated a month-on-month increase of 0.65 percent.
Also in the January-February period, fixed asset investment in China's industrial sector was RMB 1.0162 trillion ($162 billion), up 17.1 percent year on year. In particular, fixed asset investment in China's mining sector was RMB 51.6 billion ($8.2 billion), up 13.2 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 852.4 billion ($136 billion), up 17 percent year on year.
In January-February this year, fixed asset investment in China's ferrous metal mining sector totaled RMB 5.7 billion ($908 million), up 12.2 percent year on year, while fixed asset investment in the ferrous metal smelting and rolling industry was RMB 30.5 billion ($4.9 billion), increasing by 1.6 percent year on year.
