China's fixed-asset investment rises 6.1% to $4t in H1
By Liu Zhihua | chinadaily.com.cn | Updated: 2022-07-15 13:50
China's fixed-asset investment jumped 6.1 percent year-on-year to 27.14 trillion yuan ($4.02 trillion) in the first half of the year, the National Bureau of Statistics said on Friday.
In June, the fixed-asset investment increased by 5.6 percent from a year ago.
The nation's fixed-asset investment in private sector reached 15.3 trillion yuan in the first six months, rising 3.5 percent on a yearly basis.
The real estate investment totaled about 6.83 trillion yuan during the January-June period, down 5.4 percent from a year ago.
Among that, residential property investment dropped by 4.5 percent year-on-year to 5.18 trillion yuan in the first half of the year.
