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China's fixed-asset investment rises 6.1% to $4t in H1

Updated: Jul 14, 2022 By Liu Zhihua chinadaily.com.cn Print
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Technicians discuss products at a joint venture in Suzhou, Jiangsu province. [Photo by HUA XUEGEN/FOR CHINA DAILY]

China's fixed-asset investment jumped 6.1 percent year-on-year to 27.14 trillion yuan ($4.02 trillion) in the first half of the year, the National Bureau of Statistics said on Friday.

In June, the fixed-asset investment increased by 5.6 percent from a year ago.

The nation's fixed-asset investment in private sector reached 15.3 trillion yuan in the first six months, rising 3.5 percent on a yearly basis.

The real estate investment totaled about 6.83 trillion yuan during the January-June period, down 5.4 percent from a year ago.

Among that, residential property investment dropped by 4.5 percent year-on-year to 5.18 trillion yuan in the first half of the year.

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