East China's Shandong Province reported 674.07 billion yuan (83.11 billion US dollars) in fixed assets investment for the first eight months this year, a year on year rise of 38.3 percent, according to the latest statistics.

Figures from the provincial statistics bureau show that the fixed assets investment in urban areas totaled 430.39 billion yuan (53.06 billion US dollars) in the same period, up 36 percent over last year's same period, and accounted for 63.8 percent of the total fixed assets investment of the province.

Non-governmental investment reached 497.44 billion yuan (61.33 billion US dollars), accounting for 73.8 percent of the total fixed assets investment.

Of the total fixed assets investment, food and farm produce processing, power generation, machinery, light industries, textiles, environmental protection, building industry registered fastest growth.

Source: Xinhua