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15.07.2016 06:35

Investment in China's urban sector declined in June

Investment in China's urban sector in the first half of the current year increased by 9%, which is lower than the previous value of 9.6% and 9.4% analysts' expectations. This indicator published by China's National Bureau of Statistics estimates the total amount of money spent on business activity in the construction sector and for the purchase of fixed assets. It is a comprehensive index, which reflects the scope, pace and a proportional ratio of investments in fixed assets. Reduced investments in the urban sector indicates a weakening of the pace of overall economic growth of China. As the economy of China has a major impact on the global economy, this indicator has a specific meaning for the Forex market.

The report by the National Bureau of Statistics of China said that in the first half of the volume of investment in agriculture increased by 21.1%. Investments in industry increased by 4.4%. The inflow of investments in the services sector grew by 11.7%.

In China, in recent years there has been a slowdown in the growth of investment in fixed assets. So, in 2011 the volume of investments increased by 31.8% and by the end of 2015 - only 10%.

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