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Chinese capital reports nearly 5bn dollars fixed assets investment.

BBC Monitoring International Reports

| May 08, 2006 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Text of report in English by official Chinese news agency Xinhua (New China News Agency)

Beijing, 8 May: Beijing registered 37.99bn yuan (4.74bn US dollars) in fixed assets investment in the first quarter this year, up 17.5 per cent over last year's same period, according to the local statistics bureau.

The increase rate is 8.9 percentage points higher than the rate for the corresponding period of last year, figures from Beijing Municipal Statistics Bureau show.

The construction of more residences and the …

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