China's Q1 fixed-asset investment up 20.9%

Updated: 2012-04-13 10:28

(Xinhua)

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BEIJING- China's urban fixed asset investment rose 20.9 percent year-on-year to 4.7865 trillion yuan ($759.8billion) in the first quarter of 2012, the National Bureau of Statistics (NBS) said Friday.

Investment in property development climbed 23.5 percent, the NBS said.