Fixed-asset investment target ‘may be missed’

China Daily

China may miss its fixed-asset investment growth target this year based on the performance in the first half of this year, said Bao Yujun, president of the China Private Enterprises Association. To achieve the 18 percent annual growth target set earlier this year, fixed-asset investment should be 44 trillion yuan ($7.11 trillion) for the year, he said. However, China's fixed-asset investment in the first half of this year only grew by 18 trillion yuan, well below the half-year requirement of 22 trillion yuan.

> Read More

Leave a Reply

You must be logged in to post a comment.