Friday, May 16, 2008

China's urban fixed asset investment surges 25.7%

China's urban fixed asset investment increased 25.7% in the first four months of 2008 from a year ago, the National Bureau of Statistics said on Thursday.

The overall urban fixed investment amounted to RMB 2.8 trillion for the period, the bureau said in a report.

The figures indicates a slight increase of 0.2 percentage points over the same period of 2007, but down from the growth of 25.9% in the first quarter.

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