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Home >> Business
UPDATED: 14:55, March 17, 2005
First 2 months witness 24.5% increase in investment
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In the first two months this year, the accumulative investment in the fixed assets topped 422.2 billion yuan, a year-on-year increase of 24.5 percent.

The monthly situation report released by National Bureau of Statistics on Mar 16 shows that in January and February this year, the state-owned investment and investment whose controlling stake was owned by the state stood at 214.7 billion yuan, a year-on-year increase of 4.5 percent; and the real estate investment reached 120 billion yuan, up 27 percent.

In view of the projects subordination, the investment of central projects yielded 45.7 billion yuan, a year-on-year increase of 13.9 percent; the investment of local projects took up 376.5 billion yuan, up 26 percent. In view of the industries, the investment of primary industry recorded 1.8 billion yuan, up 69.9 percent from last year; the investment of secondary industry accounted for 170.4 billion yuan, up 28.3 percent and the investment of service industry hit 249.9 billion yuan, up 21.8 percent.

By People's Daily Online


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