China's fixed-asset investment up 12.6 pct in H1

Source: Xinhua| 2021-07-15 10:50:30|Editor: huaxia

BEIJING, July 15 (Xinhua) -- China's fixed-asset investment went up 12.6 percent year on year in the first half of 2021, compared with the 15.4-percent increase in the first five months, the National Bureau of Statistics (NBS) said Thursday.

Total fixed-asset investment came in at 25.59 trillion yuan (about 3.96 trillion U.S. dollars) in the first half, according to the NBS.

In breakdown, the investment in the primary industry rose 21.3 percent from the same period last year, while that in the secondary and tertiary industries increased 16.3 percent and 10.7 percent, respectively.

The investment in high-tech industries increased 23.5 percent in the first half, the NBS said.

Private investment expanded 15.4 percent during the period, compared with the 18.1-percent increase in the first five months.

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