According to China National Development and Reform Commission, China investment plan of CNY 4 trillion should be fully completed in the second half of this year.

Since the CNY 4 trillion economic stimulus plan introduced at the end of 2008 following the global financial crisis, the investment growth maintained at a high level. However, with the gradual withdrawal of investments made by the central government, the growth in China fixed asset investments started to represent a falling trend.

According to the data released by the National Bureau of Statistics, China urban fixed asset investments, in the January to July period of this year increased by 24.9%YoY.

(Sourced from SteelOrbis)
Visit www.steelorbis.com for more