
BEIJING, Dec. 16 (Xinhua) -- China continued to see steady growth in fixed-asset investment (FAI), boosted by robust high-tech investment and improving trend in some weak areas, official data showed Monday.
The FAI grew 5.2 percent year on year in the first 11 months of 2019, flat with the rate during the January-October period, according to the National Bureau of Statistics (NBS).
In the first 11 months, the FAI amounted to 53.37 trillion yuan (about 7.63 trillion U.S. dollars).
On a month-on-month basis, FAI rose 0.42 percent.
Investment by the state sector went up 6.9 percent during the period, while private-sector investment increased 4.5 percent, 0.1 percentage points higher than that in the first 10 months.
Investment in high-tech manufacturing and services surged 14.8 percent and 13.1 percent year on year, respectively.
"Investment has maintained steady growth, with that in some weak areas posting relatively fast growth," the NBS said in a statement.
Investment in the primary industry edged down 0.1 percent, while that in the secondary and tertiary industries rose 2.4 percent and 6.7 percent, respectively.
Investment in social undertakings, including education, culture and sports gained 12.6 percent, while that in environmental protection jumped 36.3 percent.
The FAI includes capital spent on infrastructure, property, machinery and other physical assets.
The figures are among a series of indicators released by the NBS, including industrial production and retail sales, which show that the economy remains on a stable track.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses