Non-state sector dominates Beijing's fixed assets investment
( 2003-09-25 10:42) (Xinhua)
Fixed assets investment in the Chinese capital surpassed 100 billion yuan in
the first eight months this year, and non-state capital contributed over 60
percent of the total, the latest statistics show.
The municipal statistics bureau of Beijing said fixed assets investment
registered 106.94 billion yuan (12.88 billion US dollars) in total, up 17.7
percent from the same period last year, and 2.5 percentage points higher than
the growth rate in the first six months during the worst of the SARS crisis.
Fixed assets investment from non-state sectors reached 67.12 billion US
dollars, up 27 percent year-on-year and accounting for 62.8 percent of the total
investment in fixed assets, according to the bureau.
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