UTC+8 ( BJT)

NBS: China’s Jan-Sept FAI up 7.3%, property up 8.8%

ABSTRACT

Over January-September, the growth in China’s fixed asset investment (FAI) trended down further to 7.3% on year to Yuan 39.8 trillion ($6.2 trillion), among which, that in the property market grew a lower rate too, up 8.8% on year to Yuan 11.3 trillion, and both saw their on-year growths slow since the start of 2021, according to the release by the country’s National Bureau of Statistics (NBS) on October 18.
Over January-September, the growth in FAI was slower than the 8.9% over January-August,or the lowest on-year growth so far in 2021, though the funding from the privately-owned enterprises remained the dominant contributor with Yuan 22.7 trillion, which was up 9.8% on yearand accounting for 57.2% of the total, according to

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227