Fixed asset investment up 20.2pc in Jan, Apr: China

11 May, 2012

BEIJING: China's urban fixed asset investments rose 20.2 percent in the first four months of 2012 compared with a year earlier, the government said on Friday.

Fixed asset investments in the cities are a key gauge of the Chinese government's infrastructure spending, which has increased rapidly in recent years as Beijing has sought to cushion the impact of the global downturn.

Copyright AFP (Agence France-Presse), 2012

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