综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Macro

China Jan-Oct fixed asset investment up 15.9%

(Xinhua) Updated: 2014-11-13 13:58

China Jan-Oct fixed asset investment up 15.9%

BEIJING - Growth in China's fixed asset investment continued to dip in the first 10 months of the year, weighed down by a cooling property sector and weak domestic demand, official data showed on Thursday.

Urban fixed-asset investment rose 15.9 percent from a year ago to 40.62 trillion yuan ($6.62 trillion) in the first 10 months of 2014, the National Bureau of Statistics (NBS) said.

The pace of growth slowed from a 16.1-percent increase in the January-September period and a 20.1-percent rise in the same 10 months of 2013.

The NBS said property investment, which affects more than 40 other sectors, continued to cool in the first 10 months, growing 12.4 percent year on year, down 0.1 percentage point from the growth rate in the first nine months.

However, property sales showed signs of improvement, indicating the country's efforts to boost the sector may have started to have an effect. Property sales fell 7.8 percent in terms of floor space, easing from an 8.6-percent drop in the Jan-Sept period, the NBS said.

Since the beginning of 2014, the Chinese property market has suffered a notable downturn, with falling prices and sluggish sales. To avoid a sharp slowdown in the property market, China on Sept 30 unveiled eased mortgage measures for home buyers.

According to the NBS data, between January and October, investment in the primary industry was up 28.9 percent, followed by 17.4-percent growth in the tertiary industry and 13.4 percent in the secondary.

During the period, investment in infrastructure (excluding the power industry) climbed 22.6 percent to 6.77 trillion yuan, with the growth pace accelerating by 0.4 percentage points from that in the Jan.-Sept. period.

The pickup in infrastructure investment suggested the government's measures to stabilize growth were taking effect, said Bob Liu, analyst at the China International Capital Corp (CICC).

The country has sped up approval of several investment projects in an effort to boost growth amid shrinking investment in the property sector.

China's economy grew at its slowest pace since the depths of global financial crisis in the third quarter, and is likely to register its weakest annual growth rate in more than 10 years.

GDP growth is expected to rebound to 7.5 percent in the last quarter and bring the full-year economic expansion to 7.4 percent, a report by China Development Bank said on Thursday.

 

Hot Topics

Editor's Picks
...
精河县| 桐乡市| 敦煌市| 汤阴县| 江安县| 泸溪县| 西青区| 太原市| 离岛区| 桐庐县| 塘沽区| 南投县| 普格县| 澎湖县| 高台县| 岚皋县| 屏山县| 青浦区| 喜德县| 综艺| 庆阳市| 随州市| 根河市| 东安县| 昌江| 高雄县| 林州市| 海南省| 永善县| 江永县| 玛纳斯县| 桐柏县| 庐江县| 台北市| 浮山县| 隆子县| 河北省| 明光市| 宝山区| 聂荣县| 镇巴县|