Investment Growth
Fixed assets investment (FAI) nationwide went up 12.2 percent year on year in the first two months of 2022, standing at around 5.076 trillion yuan ($796.16 billion), data from the National Bureau of Statistics (NBS) showed on March 15.
Compared with the same period in 2021, the growth rate went up 7.3 percentage points.
On a month-on-month basis, the FAI gained 0.66 percent in February.
Private investment rose 11.4 percent year on year in the first two months, the NBS data showed.
During the same period, investment in the primary, secondary and tertiary industries increased 8.8 percent, 19.6 percent and 9.5 percent, respectively, from a year earlier.
Infrastructure and manufacturing input gained 8.1 percent and 20.9 percent year on year,
respectively. Those in hi-tech manufacturing and services jumped…