Economic news in January to November of 2017 - Fixed Asset Investment

Date:2017-12-27

Fixed asset investment grew slowly but stably. From January to November, the national fixed asset investment (excluding farmers) reached RMB 57.5057 trillion, increasing by 7.2% over the same period of last year, at a speed of 0.1 percentage point that is lower than the period from January to October. Among it, the state-controlled investment was increased by 11.0% to RMB 21.1295 trillion; private investment was increased by 5.7% to RMB 34.8143 trillion, accounting for 60.5% of the total investment. The investment in infrastructure reached RMB 12.672 trillion, increasing by 20.1% on a YOY basis, at a speed of 0.5 percentage points that is higher than the period from January to October. The available funds of fixed asset investment amounted to RMB 57.0615 trillion, 4.4% more than the same period of last year, at the speed of 0.8 percentage points that is higher than the period from January to October. The total planned investment in the newly started projects is RMB 47.8557 trillion, up 6.2% on a year-on-year basis, at a speed of 2.4 percentage points that is higher than the period from January to October.

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