Business / Markets

China's fixed-asset investment up 17.3%

(Xinhua) Updated: 2014-05-13 14:15

China's fixed-asset investment up 17.3%

BEIJING - China's urban fixed asset investment surged 17.3 percent year on year to 10.71 trillion yuan ($1.74 trillion) in the first four months, the National Bureau of Statistics said Tuesday.

The growth rate was 0.3 percentage points slower than that for the first quarter.

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