China’s fixed-asset investment expands 6.8% in Jan-April

BEIJING — China's fixed-asset investment saw steady growth in the first four months of this year, official data showed on May 16.

Fixed-asset investment jumped 6.8 percent from a year earlier to 15.35 trillion yuan (about $2.26 trillion) in the first four months, the National Bureau of Statistics said in a statement.

The growth slowed from a 9.3-percent increase registered in the first quarter. In April, fixed-asset investment edged down 0.82 percent from a month earlier.

From January to April, fixed-asset investment from the private sector increased 5.3 percent from a year earlier to 8.69 trillion yuan.



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