December 02, 2008

Chinese fixed asset investment in Q1 of 2008 up by 24.6% YoY

Xinhua cited Mr Li Xiaochao spokesman of the National Bureau of Statistics as saying that China's first quarter fixed asset investment surged by 24.6% YoY to CNY 2.18 trillion from a year earlier.

He said the growth was 0.9 percentage points higher than a year ago.