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Investment

China's fixed-asset investment expands 6.2 pct in January-May

June 15, 2022


Abstract : China's fixed-asset investment saw steady growth in the first five months of this year, official data showed Wednesday.

Aerial photo taken on June 14, 2022 shows the construction site of Duohua super major bridge in Longli County, southwest China's Guizhou Province. (Xinhua/Yang Wenbin)

BEIJING, June 15 (Xinhua) -- China's fixed-asset investment saw steady growth in the first five months of this year, official data showed Wednesday.

Fixed-asset investment jumped 6.2 percent from a year earlier to 20.6 trillion yuan (about 3.05 trillion U.S. dollars) in the first five months, the National Bureau of Statistics said in a statement.

The growth slowed from a 6.8-percent increase registered in the first four months. In May, fixed-asset investment picked up 0.72 percent from a month earlier.

From January to May, fixed-asset investment from the private sector increased 4.1 percent from a year earlier to 11.71 trillion yuan.

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Keyword: China fixed-asset investment

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