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2008-07-15 Fixed Assets Investment Up 24% in 6 Months
2008-07-15 14:49:51
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.
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