(MENAFN - Qatar News Agency) China's fixed asset investment rose 20.7 percent year-on-year nominally to 292.54 trillion yuan, according to the latest data published by the National Bureau of Statistics (NBS). The growth rate was up by 0.2 percent versus the first 9 months in 2012. Meanwhile, fixed asset investment rose by 1.94 percent month-on-month in October.
Looking by industry, from January to October, primary industry (commodities) saw an investment of 7.47 trillion yuan, increasing 32.3 percent year-on-year with the growth rate up by 0.1 percent from the first 9 months.
here was an investment of 128.75 trillion in secondary industry (heavy manufacturing), up by 21.9 percent and the growth rate was 0.5 percent less than the first 9 months.
In tertiary industry (consumer goods and services), there was 156.31 trillion yuan in investment, up by 21.9 percent with the growth rate down by 0.6 percent from the first 9 months.
In secondary industry, investment reached 125.38 trillion yuan, increasing 21.9 percent with the growth rate falling 0.6 percent compared to the first 9 months.
Among it, there was an investment of 10.05 trillion yuan in the mining industry, growing 14.7 percent with the growth rate dropping 2.7 percent.
Investment in the manufacturing industry was 101.88 trillion yuan, rising 23.1 percent and with a growth rate down by 0.4 percent.
Investment in the production and supply of electricity, heating, gas and water reached 13.43 trillion yuan, which picked-up 18.6 percent, but with a dip in growth rate of 0.5 percent.
By region, in the first 10 months in 2012, investment in the eastern region was 137.80 trillion yuan, up by 18.2 percent year-on-year with the growth rate down by 0.2 percent in the first 9 months.
In the middle region the investment was 81.64 trillion yuan, up by 26 percent, driving the growth rate by 0.2 percent. The investment in the western region was 70.43 trillion yuan, increasing 24.2 percent with the growth rate up by 0.1 percent.
