China's private investment up 5.7 pct in first 11 months

BEIJING, Dec. 14 (Xinhua) -- China's private fixed-asset investment increased 5.7 percent year on year in the first 11 months of this year, official data showed Thursday.

The growth rate was lower than the 5.8-percent increase for the first 10 months, the National Bureau of Statistics (NBS) said.

From January to November, fixed-asset investment (FAI) by the private sector reached 34.81 trillion yuan (about 5.27 trillion U.S. dollars), said the NBS.

The amount accounted for 60.5 percent of the total FAI, compared with 60.6 percent for the January-October period.