China’s Fixed-asset Investment Up 27.3 Percent

From AFP:

China’s urban fixed-asset investment rose 27.3 percent in the first seven months of 2008 compared with a year earlier, official figures showed Friday, stoking hopes of robust .

Fixed-asset investment in cities was 7.22 trillion yuan (1.05 trillion dollars) for the period, the National Bureau of Statistics said. The investment is seen as boosting the economy’s productive capacity.

“In July, fixed-asset investment again accelerated to a certain extent,” the bureau said a statement. “That’s positive for tackling the issues arising from a weakening in external demand.”



Google Ads 1


Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.