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China's fixed-asset investment expands 6.2 pct in January-May

Time:2022-06-15 14:42:00 Source: Xinhua China Youth International

  Builders work at the construction site of Duohua super major bridge in Longli County, southwest China's Guizhou Province, June 14, 2022. (Xinhua/Yang Wenbin)

  BEIJING, June 15 (Xinhua) -- China's fixed-asset investment saw steady growth in the first five months of this year, official data showed Wednesday.

  Fixed-asset investment jumped 6.2 percent from a year earlier to 20.6 trillion yuan (about 3.05 trillion U.S. dollars) in the first five months, the National Bureau of Statistics said in a statement.

  The growth slowed from a 6.8-percent increase registered in the first four months. In May, fixed-asset investment picked up 0.72 percent from a month earlier.

  From January to May, fixed-asset investment from the private sector increased 4.1 percent from a year earlier to 11.71 trillion yuan. ■

Original Title:China's fixed-asset investment expands 6.2 pct in January-May
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