China fixed assets investment in May sharply increases 20.3% to RMB 196.3 bln

State Statistic Bureau announced the fixed assets investment in the first five months to be RMB619.9 bln, increasing 17.6%, a little higher than the market expectation of 16% and also higher than the up range of 16.5% in the first four months, which was mainly because the fixed assets investment in May increased 20.3% to RMB196.3bln.

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