| Fixed Assets Investment of China |
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| Sunday,March 22,2009 Posted: 18:41 BJT(41 GMT) |
| From:Mofcom Article type:Reproduced |
The completed fixed assets investment of the country in 2007 was 13.7239 trillion yuan, up 24.8 percent over the previous year. Of the total, investment in urban areas was 11.7414 trillion yuan, up 25.8 percent, and that in rural areas reached 1.9825 trillion yuan, up 19.2 percent. An analysis by regions showed that the investment in the eastern region was 7.2314 trillion yuan, up 19.9 percent over the previous year; that in the central region was 3.4283 trillion yuan, a growth of 33.3 percent, and that in the western region was 2.8194 trillion yuan, a growth of 28.2 percent.
In urban areas, the investment in the primary industry was 146.6 billion yuan, up 31.1 percent; that in the secondary industry was 5.102 trillion yuan, up 29 percent, and that in the tertiary industry was 6.4928 billion yuan, up 23.2 percent.
In 2007, the investment in real estate development was 2.528 trillion yuan, up 30.2 percent. Of this total, the investment in commercial residential buildings reached 1.801 trillion yuan, an increase of 32.1 percent. The completed floor space of commercial buildings reached 582.36 million square meters, up 4.3 percent. The total sales of commercial buildings reached 761.93 million square meters, up 23.2 percent, of which, that of commercial residential buildings was 691.04 million square meters, up 24.7 percent.
In 2007, new projects totaled 231,894 in urban areas, 27,931 more than that in the previous year. The investment in those new projects added up to 8.6258 trillion yuan, up 28.7 percent. The growth rate was 33.1 percentage points higher year on year. Investment in new projects accounted for 33 percent of the total investment of all projects under construction in 2007, up 2.1 percentage points.
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