China's fixed assets investment reached 3.2895 trillion yuan in the first six months of this year, a year-on-year increase of 25.4 percent, according to a report released by the National Bureau of Statistics (NBS) Wednesday.

The growth rare is 3.2 percentage points lower than the same period of last year, said NBS spokesman Zheng Jingping at a press conference.

Of the total, fixed assets investment in urban areas stood at around 2.7967 trillion yuan, up 27.1 percent year-on-year. The growth rate is 3.9 percentage points lower than a year earlier.

In June alone, said Zheng, the fixed assets investment in urban areas witnessed a growth of 28.8 percent to stand at 824.8 billion yuan.

Investment in real estate development for the half-year period grew by 23.5 percent year on year, a drop of 5.2 percentage points from a year earlier.

Meanwhile, investment in such sectors as coal, electricity, oil and transportation was strengthened to different extent, said the spokesman.

Investment in the coal mining and ore dressing industry, for instance, jumped by 81.7 percent year-on-year while that in crude oil and natural gas, rose by 36.2 percent. Fixed assets input in power, fuel and water production and supply grew by 35.9 percent while that in railway construction increased by 48.0 percent.

Source: Xinhua