China’s fixed-asset investment goes up

Beijing, May 13 (IANS) China’s urban fixed asset investment growth slightly accelerated to 20.6 percent year on year to 9.13 trillion yuan ($147.29 billion) in the first four months, the National Bureau of Statistics (NBS) said Monday.

Investment in property development climbed 21.1 percent, up 0.9 percentage points over the same period of last year, reported Xinhua citing the NBS.

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