A total of 2.5838 trillion yuan (US$312 billion) in fix assets investment was materialized in China in the first three quarters of this year, up 21.8 percentyear-on-year, an official said Wednesday.
Deputy Director of the National Bureau of Statistics Qiu Xiaohua said at a press conference that investment in capital construction rose 24.6 percent, that in technological renovation and upgrading grew 16.3 percent, and that in real estate development jumped 29.4 percent.
Investment in agricultural and water conservancy sectors, infrastructure facilities, industries and various modern services all maintained steady growth; while that in eastern, central and western regions grew side by side, Qiu said.
(Xinhua News Agency October 16, 2002)
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