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China’s fixed-asset investment grows 8.3% in first ten months

Updated: Nov 14,2016 10:11 AM     Xinhua

BEIJING — China’s fixed-asset investment grew 8.3 percent year on year to 48.44 trillion yuan ($7.1 trillion) in the first ten months of 2016, official data showed on Nov 14.

The growth slightly accelerated from the 8.2-percent gain seen during the January-September period, the National Bureau of Statistics said.

Fixed-asset investment includes capital spent on infrastructure, property, machinery and other physical assets.