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(Yicai Global) Nov. 14 -- China's total fixed-asset investment grew slower than expected during the first 10 months of this year.
Fixed-asset investments, excluding those of rural households, increased collectively by 5.2 percent to CNY51.09 trillion (USD7.3 billion), the National Bureau of Statistics said in a statement today. The growth rate was nearly 0.2 percentage point less than what the Yicai Chief Economist Survey suggested earlier, as well as similarly much less than during the first nine months of this year.
Over the 10 months, domestic investment in real estate climbed by 10.3 percent to CNY10.96 trillion. It was slightly lower than the figure of 10.34 percent that the group of chief economists surveyed by Yicai predicted. It was also 0.2 point less than during the first nine months.
Editor: Emmi Laine