China's fixed-asset investment picks up pace

          Source: Xinhua| 2018-12-14 13:19:11|Editor: Yang Yi
          Video PlayerClose

          BEIJING, Dec. 14 (Xinhua) -- China's fixed-asset investment (FAI) has picked up pace for a third straight month, official data showed, an encouraging sign amid increasing downward pressures on the wider economy.

          The FAI climbed 5.9 percent year-on-year in the first 11 months of 2018, quickening from the 5.7-percent growth in Jan-Oct, the National Bureau of Statistics (NBS) said Friday in an online statement.

          The key indicator of investment, dubbed a major growth driver, hit the bottom in August and has since started to rebound steadily.

          In the face of emerging economic challenges home and abroad, China has stepped up efforts to stabilize investment, in particular rolling out measures to motivate private investors and channel funds into infrastructure.

          Friday's data showed private investment, accounting for more than 60 percent of the total FAI, expanded by a brisk 8.7 percent.

          NBS spokesperson Mao Shengyong said funds into weak economic links registered rapid increases as investment in environmental protection and agriculture jumped 42 percent and 12.5 percent respectively, much faster than the average.

          In breakdown, investment in high-tech and equipment manufacturing remained vigorous with 16.1-percent and 11.6-percent increases respectively in the first 11 months. Infrastructure investment gained 3.7 percent, staying flat. Investment in property development rose 9.7 percent, also unchanged.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001376741071
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  中文字幕在线永久免费视频 | 日本免费一级一区二区三区 | 亚洲欧美一区二区国产综合 | 天堂mv手机在线mv观看午夜版 | 麻豆91青青国产在线观看 | 日韩精品精品第一区 |