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Xinjiang invested RMB100 billion in fixed Assets
Wednesday,November 15,2006 Posted: 14:27 BJT(0627 GMT)  MOFCOM

In the first nine months this year, investment in fixed assets of Xinjiang amounted to RMB95.945 billion, up by 19.7% and 7.5 percentage points higher than the same period last year.

In the first three quarters, investment in significant projects reached RMB38.385 billion, a net increase of RMB5.383 billion. Scale of investment in energy and raw material was expanded and the speed was accelerated, which contributed a lot to the growth of investment in fixed assets. Investment in real estate kept a high level. Percentage of investment in non-state economy was enhanced. Investment in social development and public fields kept increasing. Bureau of Statistics of Xinjiang Uygur Autonomous Region estimates a total investment in fixed assets of RMB157 billion this year, a year-on-year increase of 16%.

(Network Center of MOFCOM)

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