China’s fixed-asset investment rose 4.2 percent year on year in the first four months of the year, data from the National Bureau of Statistics (NBS) showed Friday.
The investment totaled 14.34 trillion yuan (about 2.02 trillion U.S. dollars) during the period, the NBS said in a statement.
Investment in infrastructure construction rose 6 percent from a year ago, and manufacturing investment increased 9.7 percent during the period.
Investment in property development, however, fell 9.8 percent year on year during the January-April period, according to the NBS.
Excluding the property development investment, the country’s fixed-asset investment climbed 8.9 percent during the first four months
