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People's Daily Online China?s fixed-assets investment up 25.6%


China's fixed-assets investment in the first five months amounted to 4.026 trillion yuan, a year-on-year increase of 25.6 percent. Investment in real estate totaled 951.9 billion yuan, 31.9 percent higher than in the same period of last year.

The National Statistics of Bureau of China (NSBC) released the figures on Monday.

By the end of the May, a total of 2.72 trillion yuan have been planned for investment in newly-initiated projects, reflecting the future investment direction; and was down 2.5 percent.

Among the different industries, the mining industry saw the highest increase. Statistics show that from January to May, the coal mining and dressing industry investment grew by 47 percent; and the non-ferrous metal mining and dressing, smelting and rolling processing industry increased by 41.5 percent.

By People's Daily Online