BEIJING, Nov. 11 (Xinhua) -- China's urban fixed-asset investment rose 33.1 percent in the first 10 months to 15.07 trillion yuan (2.21 trillion U.S. dollars), compared with the same period a year earlier, the National Bureau of Statistics (NBS) announced Wednesday.
The growth rate was 5.9 percentage points higher than that in the same period of last year, but 0.2 percentage points lower than that in the first nine months, NBS spokesman Sheng Laiyun said at a press conference.
The NBS had no figure for the month of October.
Hao Daming, analyst with China Galaxy Securities, attributed the small dip to the eased growth of investment in the country's real estate sector in October.
Investment in the real estate sector nationwide posted a 28.4 percent growth year on year in October, but the growth rate was down 8.7 percentage points from September, he said.
"In spite of the slight slowdown, the growth is still fast and urban fixed-asset investment will continue to serve as a major driver of the country's economy," said Hao.
He expected the economy would expand more than 10 percent in the fourth quarter.
In the first 10 months, investment in the primary sector, covering farming, fishing and forestry, jumped 54.1 percent year on year.
The industrial sector, or the secondary sector, posted a 26.8-percent growth in investment and the tertiary industry, including commerce, finance and services, saw investment up 37.8 percent.
BEIJING, Oct. 22 (Xinhua) -- China's gross domestic product (GDP) grew 7.7 percent year on year in the first three quarters of this year, the National Bureau of Statistics said at a press conference Thursday. Full story
BEIJING, Oct. 22 (Xinhua) -- China's consumer price index (CPI),a main gauge of inflation, dipped 1.1 percent year on year in thefirst nine months of this year, the National Bureau of Statisticssaid Thursday.
The September CPI was up 0.4 percent from the previous month. Full story
BEIJING, Oct. 22 (Xinhua) -- China's producer price index (PPI),a major measurement of inflation at the wholesale level, dropped 6.5 percent year on year in the first three quarters of this year, the National Bureau of Statistics said Thursday.
The September PPI rose 0.6 percent from a month earlier. Full story
BEIJING, Oct. 22 (Xinhua) -- China's fixed-assets investment rose by 33.4 percent in the first three quarters of 2009, the National Bureau of Statistics announced here Thursday.
The figure was 6.4 percentage points higher than that of last year. Full story
BEIJING, Oct. 22 (Xinhua) -- China's industrial output rose 12.4 percent in the third quarter this year from a year ago, the National Bureau of Statistics said at a press conference here Thursday.
The figure increased 8.7 percent year on year in the first nine months. Full story
BEIJING, Oct. 22 (Xinhua) -- China's retail sales in the first three quarters rose 15.1 percent year on year, or 17 percent after deducting price factors, to top 8.97 trillion yuan (1.31 trillion U.S. dollars), the National Bureau of Statistics said Thursday. Full story
More Economic Data in Sept.
Special Report: Global Financial Crisis
