China: First two months investment in fixed asset up 16.7% vs last year

According to the National Bureau of Statistics (NBS) of China , the investment in fixed asset in the first two months reached RMB11.31 bln, 16.7 higher than the same period last year.And the figure excluded collectivity and personal investment in fixed asset. During the period, investment in infrastructure reached RMB 58.9 bln, up 11.4% vs last year and investment in rebuild project and property development hit RMB 17.6 bln and RMB 32 bln ,up 17.6 and 23% respectively vs last year.

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