| Fueled by real estate
investment, the total fixed assets investment in Qingpu District has
continued its steady growth momentum in the first half of 2008, with
the monthly growth rate above 20% in the second quarter. According
to statistics, the total fixed assets investment has reached RMB7.24
billion, or 46.1% of the annual target, in the first 6 months, a
year-on-year increase of 24.2%, up 26 percentage points from the
same period of last year. Among them, the secondary industry grasped
RMB1.69 billion while the tertiary industry, ahead in growth, seized
RMB5.54 billion, up 8.9% and 30% respectively compared with the same
period of last year. |