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China's fixed-asset investment grows 8.3 pct in first ten months

Editor: Zhang Jianfeng 丨Xinhua

11-14-2016 10:28 BJT

BEIJING, Nov. 14 (Xinhua) -- China's fixed-asset investment grew 8.3 percent year on year to 48.44 trillion yuan (7.1 trillion U.S. dollars) in the first ten months of 2016, official data showed on Monday.

The growth slightly accelerated from the 8.2-percent gain seen during the January-September period, the National Bureau of Statistics said.

Fixed-asset investment includes capital spent on infrastructure, property, machinery and other physical assets.

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