Contact Us
 Address:F6 Dongsheng
   buliding, 138#,DongYue street Taian City,Shandong Province
Tel: +0086-538-6999022   
Fax: +0086-538-6997199

Email:export.hzy@haisteel.com
Email:steel@haisteel.com

Web:www.haisteel.com
NBS: China Jan-Aug FAI down 0.3%, property up 4.6%

 

Date:[9/25/2020]    Source:Shandong Hai Steel Co.,Ltd

 

NBS: China Jan-Aug FAI down 0.3%, property up 4.6%

Over January-August, China’s fixed asset investment (FAI) still declined but by just 0.3% on year against the 1.6% on-year drop for the first seven months, and the funding in the domestic property market grew much faster at 4.6% on year, confirming the steady recovery in the Chinese economy, according to the release by the country’s National Bureau of Statistics on September 15.

Of the total Yuan 37.9 trillion ($5.6 trillion) FAI over the past eight months, the funding from the country’s non-state-owned investors fell 2.8% on year to Yuan 21.5 trillion against the 5.7% on-year decrease over January to July, according to the NBS data, while the investment from the state-owned enterprises filled up the gap, posting a 3.2% on-year gain.

 

Print】 【Top】 【Close

Copyright:Shandong Hai Steel Co.,Ltd   Address:F6 Dongsheng buliding,138#,DongYue street Taian City Aodobi
Tel:+0086-538-6999022    Fax:+0086-538-6997199   Email:steel@haisteel.com