- CNTV English - CCTV News

Homepage > News > Biz >

China's fixed-asset investment up 24 pct in first nine months

10-21-2010 10:18 BJT Special Report:China’s Economic Data for Sept. |

BEIJING, Oct. 21 (Xinhua) -- The growth of China's fixed assets investment during the first nine months shows signs of slowing, according to figures released by China's statistics authority Thursday.

The country's total fixed assets investment rose 24 percent for the January-September period year on year to 19.22 trillion yuan (2.89 trillion U.S. dollars), the National Bureau of Statistics (NBS) said in a statement published on its website.

Urban fixed assets investment grew 24.5 percent from a year earlier to 16.59 trillion yuan, while rural investment increased by 20.5 percent to 2.64 trillion yuan, said the NBS.

The growth rate for urban investment slowed by 0.3 percentage points from that of the first eight months, according to the NBS, which does not provide figures for each month.

Growth rates in urban investment were down from figures for the first eight months, with the primary sector rate down from 18.6 percent to 17.7 percent, the secondary sector from 22.2 percent to 22 percent and tertiary industries from 27 percent to 26.7 percent.

The NBS figures also showed property development investment grew 36.4 percent to 3.35 trillion yuan from January to September, 0.3 percentage points down from the figure for the first eight months.

State-owned and state-controlled investment rose 19.5 percent to 6.86 trillion yuan in the first nine months from a year earlier, down by 0.5 percent points from the January-August period.

Over the same period, investment in central government projects rose 10.1 percent year on year to 1.29 trillion yuan, and investment in local government projects was up 25.9 percent to 15.3 trillion yuan, lower than 11.4 percent and 26.1 percent for the first eight months, the NBS said.

Editor:Xiong Qu |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program