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China's fixed-asset investment up 30.1% in 2009

0 CommentsPrint E-mail Xinhua, January 21, 2010
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China's fixed-asset investment rose 30.1 percent year on year in 2009 to 22.4846 trillion yuan (3.29 trillion U.S. dollars), the National Bureau of Statistics (NBS) said Thursday.

The growth rate was 4.6 percentage points higher than that for 2008, the NBS said.

Urban fixed-asset investment rose 30.5 percent from a year earlier to 19.4139 trillion yuan. The growth rate was 4.4 percentage points higher than that for 2008.

Fixed-asset investment in rural areas totaled 3.07 trillion yuan, up 27.5 percent from a year ago, 6 percentage points higher than the growth rate in 2008.

Among urban fixed-asset investment, the growth rate in the primary sector (farming, fishing and forestry, among others) climbed 49.9 percent from a year earlier.

The industrial sector saw investment up 26.8 percent and the tertiary sector, or the service sector, which covers commerce, finance and services, posted a 33.0 percent growth.

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