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China's fixed-asset investment expands 6.1 % in H1

Economy

China's fixed-asset investment saw steady growth in the first half (H1) of this year, official data showed Friday.

XinhuaUpdated:  July 15, 2022
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China's fixed-asset investment saw steady growth in the first half (H1) of this year, official data showed Friday.

Fixed-asset investment jumped 6.1 percent from a year earlier to 27.14 trillion yuan (about 4.02 trillion U.S. dollars) in the first half, the National Bureau of Statistics said in a statement.

The growth slowed from a 6.2-percent increase registered in the first five months. In June, fixed-asset investment picked up 0.95 percent from a month earlier.

From January to June, fixed-asset investment from the private sector increased 3.5 percent from a year earlier to 15.31 trillion yuan.