China's fixed asset investment up 24.6% in Q1

2008-04-15 23:51:15 Xinhua English

BEIJING, April 16 (Xinhua) -- China's first-quarter fixed asset investment surged 24.6 percent to 2.18 trillion yuan (311 billion U.S. dollars) from a year earlier, Li Xiaochao, spokesman of the National Bureau of Statistics (NBS) said Wednesday.

The growth was 0.9 percentage points higher than a year ago, Litold a press conference in Beijing.