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NBS: China’s Jan-May FAI up 15.4%, property up 18.3%


China’s fixed asset investment (FAI) increased 15.4% on year over January-May to approximately Yuan 19.4 trillion ($3.03 trillion), and among the total, the funding in the property market grew faster by 18.3% on year to Yuan 5.43 trillion, according to the release by the country’s National Bureau of Statistics (NBS) on the afternoon of June 16.
The growth in the funding was slower than the 19.9% on-year gain for the first four months, though the sum was 8.5% higher than two years ago, and among the total for the five months, the investment from the privately-owned enterprises accounted for 58% at about Yuan 11.2 trillion, which


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