Urban fixed-asset investment to grow 23% in 2007
(AFX News )Updated: 2007-04-02 14:38 China's urban fixed-asset investment is expected to grow by 23.0 percent this year, slower than the 24.5 percent expansion in 2006, the research arm of the country's economic planning agency said.
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Investment in the manufacturing and real estate sectors are forecast to increase by about 27 percent and 25 percent, respectively, according to the report.
Investment in the transportation sector is expected to grow by about 29 percent, while investment in power is seen rising by 12 percent.
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