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BIZCHINA / Biz Media Digest

Finance: Fixed-asset investment
(China Securities Journal)
Updated: 2006-04-19 14:51

China's fixed-asset investment (FAI) grew by 27.7 percent year-on-year in the first quarter of this year.

Xu Shanchang, vice-director of the economic system reform department with the country's planning agency, the National Development and Reform Commission, released the data on the sidelines of a forum in Beijing.

"The first quarter economic situation is hotter than expected,"he said.


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