News Letter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- News Archive
- Feedback
- Weather Forecast
 Search
Advanced
 About China
- China at a glance
- Constitution
- CPC & state organs
- Chinese leadership
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 14:13, June 25, 2004
Fast capital investment troubles economy
font size    

Fast growth of capital investmentis one of the protruding problems that troubled China's economy, Zheng Jingping, spokesman of the National Bureau of Statistics said here Thursday.

Some regions and industries still made rush investment and copy-cat construction which have led to price increases of raw materials, energy and transportation, Zheng said.

Statistics show that capital investment of the first quater increased 43 percent and the consumer price index rose 2.8 percent,2.3 percentage points faster than in the same period of last year.

Source: Xinhua

Print friendly Version Comments on the story Recommend to friends Save to disk


   Recommendation
- China Forum
- PD Newsletter
- People's Comment
- Most Popular
 Related News
- China's Capital Investment Grows Fast in April


Copyright by People's Daily Online, all rights reserved