China Financial Daily

May 27, 2009

January-April fixed asset investment in Shanghai increased 4.1 percent year-on-year

Filed under: Financial News — Tags: — lily @ 3:10 am -0700

January-April fixed asset investment in Shanghai increased 4.1 percent year-on-year
26 reporters from the Shanghai Bureau of Statistics noted that the January to April this year, Shanghai-wide total completed investment in fixed assets 125.533 billion yuan, an increase of 4.1 percent, an increase of 2.4 percent raise the first quarter.
 

Among them, the urban infrastructure investment growth to accelerate. January-April, urban infrastructure investment 42.737 billion yuan, up 13.3 percent, an increase of 6.2 percent higher than the first quarter, higher than the total investment in fixed assets of 9.2%.

Slow decline in industrial investment. January to April, industrial investment of 31.675 billion yuan, up 5.9 percent decline. Which focus on the development of six industrial sectors to invest 16.053 billion yuan, down 21.1%. Manufacturing of steel products, petrochemicals, equipment manufacturing and electronic information industry, are down significantly.

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