Shanghai's fixed asset investment in January-November up 5.6% year-on-year: Chinese media

The Shanghai Municipal Statistics Bureau announced that the city's fixed asset investment in the first 11 months of the year increased by 5.6% compared to the same period last year. Among the three major investment areas, urban infrastructure investment increased by 0.1%, industrial investment increased by 1.2%, and the city's fixed asset investment increased by 1.2%.
Investment in the three major industries increased by 63.5% in primary industry, 10.6% in secondary industry, and 4.6% in tertiary industry.
The city's actual investment amount increased by 4.1% compared to the same period last year. Meanwhile, Shanghai's total retail sales of social consumer goods in January-November fell 3.1% year-on-year to 1.6369 trillion yen.
By industry, wholesale and retail sales were down 3.0% to 1,506,585 million formers (about 32 trillion yen), while accommodation and food services were down 5.3% to 130,410 million formers (about 34.8 trillion yen).
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