Investment Updates News
- China's urban fixed assets investment up 26.7% in 1st 8 months
Date: 14-Sep-2007 Sources: (Xinhua Online)
BEIJING, Sept. 14 (Xinhua) -- Investment on fixed assets in China's urban areas rose 26.7 percent year-on-year in the first eight months, the National Bureau of Statistics (NBS) said on Friday.
Urban fixed assets investment added up to 6.67 trillion yuan (886.97 billion U.S. dollars) in the first eight months, said the bureau.
Investment in the real estate sector registered a 29 percent year-on-year growth in the period, hitting 1.43 trillion yuan (190.2 billion U.S. dollars).
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