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NBS: Fixed assets investment slows down
(Xinhua)
Updated: 2004-07-16 16:25
China's fixed assets investment was 2,608.2 billion yuan (US$315.4 billion)in
the first six months of 2004, up 28.6 percent year-on-year, said Zheng Jingping,
spokesman of National Bureau of Statistics (NBS) Friday.
Fixed assets investment in urban areas reached 2,184.4 billion yuan (US$263.9
billion), up 31.0 percent from the first half of 2003, but 16.8 percentage
points less than the growth rate of the first quarter, he said.
Investment for real estate in the first half of the year was 492.4 billion
yuan (US$59.5 billion), up 28.7 percent from the same period of 2003, or 12.4
percentage points less than the growth rate of the first quarter, said
Zheng.
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