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Xi'an fixed asset investment shows steady growth

Updated: Jun 4, 2020 en.xa.gov.cn Print
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From January to April, Xi'an's fixed asset investment (excluding rural households) saw a year-on-year increase of 5.8 percent, according to the Xi'an bureau of statistics.

The growth rate was 16.1 and 12.6 percentage points higher than the national and provincial growth rates, respectively.

During the period, 283 projects started construction, an increase of 46 compared with the same period the previous year.

The investment in Xi'an's secondary industry increased by 49.6 percent year-on-year, an increase of 24.5 percentage points from January to March, which boosted investment in Xi'an by seven percentage points.

Meanwhile, the total investment in the city's seven development zones increased by 18.7 percent year-on-year, accounting for 48.3 percent of Xi'an's total.

Also, Xi'an's sports investment increased by 78.5 percent, an increase of 19.2 percentage points from January to March, driving Xi'an's investment to increase by 0.4 percentage points.

This year, Xi'an has continued to increase investment in people's livelihoods, including areas such as education. The city has newly built or renovated more than 100 primary and secondary schools and kindergartens with investment projects worth more than 50 million yuan ($7.03 million).

 

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