Liaoning reports booming investment
( 2003-10-01 11:40) (Xinhua)
Northeast China's Liaoning Province reported booming growth of investment in
the first eight months, according to the provincial statistics bureau.
From January to August, the province had received total investment of 85
billion yuan (10.4 billion US dollars) in fixed assets, up 32.4 percent over the
same period last year. Investment in infrastructure, renovation and real estate
saw respective increases of 30.5, 31.2 and 25.4 percent year-on-year.
Investment by the private sector grew more rapidly than the state-owned
sector, which totaled 518 billion yuan and 33 billion yuan respectively, up 52.2
and 9.9 percent respectively, year-on- year.
Statistics also indicate the province had received 2.5 billion US dollars of
foreign direct investment during the period, up 34.5 percent year-on-year.
|
