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Infrastructure and Construction

Urban FAI up 24.3% in first two months
By STAFF EDITOR
Published: March 14, 2008 12:00 PM
Urban fixed-asset investment (FAI) grew 24.3% year-on-year to US$114.54 billion (RMB812.1 billion) in the first two months of the year, the China Securities News reported, citing National Bureau of Statistics figures. Investment in the real estate sector totaled US$33.48 billion (RMB237.4 billion) over the period, up 32.9% year-on-year. Investment in central government-invested projects grew 14.9% year-on-year to US$10.75 billion (RMB76.2 billion), compared to ...
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