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Urban fixed assets investment up 26.7%

(Xinhua)
Updated: 2007-09-14 14:15

BEIJING -- Investment on fixed assets in China's urban areas rose 26.7 percent year-on-year in the first eight months, the National Bureau of Statistics (NBS) said on Friday.

Urban fixed assets investment added up to 6.67 trillion yuan (US$886.97 billion) in the first eight months, said the bureau.

Investment in the real estate sector registered a 29 percent year-on-year growth in the period, hitting 1.43 trillion yuan (US$190.2 billion).



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