China's Total Fixed Asset Investments Increased by 19.9% in Jan-Nov

In the January-November period of the current year, China's total fixed asset investments (excluding rural households) amounted to RMB 39.1283 trillion ($6.41 trillion), up 19.9 percent year on year, with this growth rate down 0.2 percentage points compared to the year-on-year increase rate recorded in January-October, as announced by China's National Bureau of Statistics on December 10. In November alone, China's total fixed asset investments (excluding rural households) was up 1.47 percent month on month.

In the first 11 months of the current year, total fixed asset investment in China's mining sector amounted to RMB 1.2497 trillion ($0.20 trillion), up 12 percent year on year, while fixed asset investment in China's manufacturing sector totaled RMB 13.4206 trillion ($2.20 trillion), up 18.6 percent year on year.