Chinese central government-administered SOEs’ investment rose 12.5% on year in Jan – May
DATA MACRO
Chinese central government-administered SOEs’ investment rose 12.5% on year in Jan – May
DATA MACRO

Chinese central government-administered SOEs’ investment rose 12.5% on year in Jan – May

 

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China’s central government-administered state-owned enterprises (SOEs) completed 1.7 trillion yuan of investment in the first five months of the year, an increase of 12.5% from a year earlier, according to the State-owned Assets Supervision and Administration Commission of theState Council. 

Of that, fixed-asset investment, excluding real estate investment, reached 1 trillion yuan, rising by 20.4% from a year earlier, showed the data.

In May alone, central government-administered SOEs completed more than 380 billion yuan of investment, rising by 19.6% from a year earlier, according to the data.