Investments into China's fixed assets increased 8.2% in August

Almaty. September 13. Silkroadnews – In August investments into China's fixed assets increased 8.2% compared to the same period of last year, «Xinhua» agency reports.

This growth rate turned to be 4.3 percentage points higher compared to July.

According to the National Bureau of Statistics of China, for January-August investments into fixed assets of the country (excluding farms data) reached 36 trillion 633.9 billion yuan, having increased 8.1% year on year. Growth rates have remained at the same level as in January-July.

For the first eight months, investments into fixed assets in agriculture, industry and services sectors in China amounted to 1.141 trillion, 14.386 trillion and 21.107 trillion yuan with an increase of 21.5%, 3% and 11.2% respectively.

From January to August, private investment into fixed assets of China's nominally grew 2.1% year on year, having reached 22.501 trillion yuan. Growth rates here have also remained at the same level as in January-July.

According to statistics, in August the volume of the country's retail trade reached 2.754 trillion yuan with 10.6% nominal growth and actual increase (net of price factor) of 10.2%. Last month, the actual increase in value-added production of leading industrial enterprises made 6.3%, which is 0.3 percentage points higher than in July of this year.
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