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China's urban fixed asset inv't up 20.2% in Jan-Apr

May. 11, 2012 (China Knowledge) - China's urban fixed asset investment jumped 20.2% year on year to RMB 7.56 trillion in the first four months of this year, according to statistics released by the National Bureau of Statistics.

In April, the country's fixed asset investment rose 0.77% month on month.

In the first four months, fixed asset investment in primary industry saw a 40.7% surge, hitting RMB 166.6 billion, while investment in secondary and investment in tertiary industry grew 24.2% and 16.4% year on year to RMB 3.38 trillion and RMB 4.02 trillion, respectively, according to the latest statistics.

Investment in the industrial sector saw of growth of 23.8% year on year to RMB 3.29 trillion in the period. The figure included RMB 230.4 billion in the mining sector, RMB 2.73 trillion in the manufacturing sector and RMB 337.1 billion in the electricity, gas and water producing and supplying sector, up 24%, 24.4% and 19% year on year, respectively.

Meanwhile, fixed asset investment in China's eastern, central and western regions all booked slower year-on year increases of 18.8%, 25.9% and 25%, hitting RMB 3.89 trillion, RMB 1.90 trillion and RMB 1.71 trillion, respectively.

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