Fixed-Asset Investment: Percentage Points

fixed-asset investment: However, investment in high-tech manufacturing and high-tech services sectors grew markedly faster at 11.4 percent and 15.5 percent year-on-year, respectively, the NBS said, according to Global Times China. Investment in real estate also picked up pace to 11.9 percent year-on-year in the first four months, 2.4 percentage points higher than last year's annual rate, it said. In April, China's retail sales of consumer goods grew 7.2 percent year-on-year to 3.06 trillion yuan 445.29 billion 1.5 percentage points slower than the growth rate in March, according to the National Bureau of Statistics NBS . Total fixed-asset investment grew 6.1 percent year-on-year to over 15.57 trillion yuan in the first four months of 2019, slower than the 6.3 percent growth rate in the January-March period, data from the NBS showed. In another relieving sign, China added 4.59 million urban jobs in the first four months of the year, bringing the surveyed urban unemployment rate to 5 percent in April, down from 5.2 percent in March. However, Liu said that the external environment is still challenging and complex, with instability and uncertainty rising and structural problems still significant domestically. Generally speaking, the national economy sustained the momentum of progress in overall stability with growing positive factors in April, Liu Aihua, a spokesperson for the NBS, told a press briefing on Wednesday. (news.financializer.com). As reported in the news.