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NBS: China's Jan-Apr FAI up 7%, property down 3%

ABSTRACT

Over January-April, China's fixed asset investment (FAI) increased by 6.8% on year to Yuan 15.4 trillion ($2.4 trillion), Mysteel Global noted from new data released by the country's National Bureau of Statistics (NBS) on May 16. Within the total, that in the property market declined by 2.7% on year to Yuan 3.9 trillion.
The statistics for China's total FAI over January-April show that privately-owned enterprises contributed Yuan 8.7 trillion, or 56.6% of the total. The country's tertiary industry attracted the most funding among the three industrial sectors, with the total rising by 4.3% on year to Yuan 10.2 trillion. That in infrastructure construction

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