(Yicai Global) May 14 -- China's fixed-asset investment declined more than expected in the first four months of this year.

The tally was down 10.3 percent to CNY13.68 trillion (USD1.93 trillion) from a year ago, the data published today by the country’s National Bureau of Statistics show. An Yicai Global survey of 25 chief economists at major Chinese financial institutions had predicted that the figure will fall by 9.44 percent.

Still, the slump was 5.8 percentage points less than that of the first quarter in comparison to a year earlier.

Editor: Emmi Laine