China's fixed-asset investment up 20.7 pct in first ten months

BEIJING, Nov. 9 (Xinhua) -- China's fixed asset investment rose 20.7 percent year-on-year to 29.25 trillion yuan (4.64 trillion U.S. dollars) in the first ten months of 2012, the National Bureau of Statistics (NBS) said Friday.

The growth was 0.2 percentage point higher than the rate logged in the first nine months, the NBS said.

Investment in property development climbed 15.4 percent to 5.76 trillion yuan during the period, according to the NBS.

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