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China's fixed-asset investment up 5.2% in first 10 months

Updated: Nov 14, 2019 Xinhua Print
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China's fixed-asset investment grew 5.2 percent year-on-year in the first 10 months, the National Bureau of Statistics said on Nov 14.

In the first 10 months, total investment amounted to 51.09 trillion yuan (about $7.3 trillion).

The private sector's investment increased 4.4 percent to 29.15 trillion yuan, 0.3 percentage points slower than that for the first nine months.

Investment in high-tech manufacturing and high-tech services rose 14.5 percent and 13.7 percent year-on-year, respectively.

Fixed-asset investment includes capital spent on infrastructure, property, machinery and other physical assets.

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