In the January-April period of this year, China's total fixed asset investments (excluding rural households) amounted to RMB 9.1319 trillion ($1.47 trillion), up 20.6 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 increase rate recorded in January-March this year. Meanwhile, in April alone, China's total fixed asset investments indicated a month-on-month increase of 1.63 percent.
Also in the January-April period, fixed asset investment in China's industrial sector amounted to RMB 3.8508 trillion ($621 billion), up 17 percent year on year. In particular, fixed asset investment in China's mining sector was RMB 242.5 billion ($39 billion), up 5.2 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 3.2255 trillion ($520 billion), up 18.4 percent year on year.
In January-April this year, fixed asset investment in China's ferrous metal mining sector totaled RMB 21.7 billion ($3.5 billion), up 8.6 percent year on year, while fixed asset investment in the ferrous metal smelting and rolling industry was RMB 118.1 billion ($19 billion), increasing by 7.2 percent year on year.
