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2003-4-24 8:31:00
China's capital investment in fixed assets totaled 615.5 billion yuan (74.36 billion US dollars) during the first three months of 2003, an increase of 27.8 percent over the same period last year, according to statistics from the National Bureau of Statistics (NBS) issued on Apr.17.
The figures show the growth was 8.2 percentage points higher than that of the same period of 2002.
The NBS figures show investment by the state-owned and other sectors of the economy totaled 447.9 billion yuan (54.11 billion U.S. dollars) from January to March, up 31.6 percent year-on-year, 5.5 percentage points higher than the same period of last year.
Investment by the collective and private sectors reached 167.6 billion yuan (20.25 billion US dollars), up 18.7 percent, surging 11.8 percentage points.
According to the NBS, infrastructure investment increased 28 percent over the same period of last year; investment for renovation and upgrading rose 36.7 percent; and real estate investment went up by 34.9 percent.
Figures show fixed assets investment increased all over China.
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