Investment in the province ran high from January to May
From January to May, the province accomplished the above-norm investment of 365.4 billion yuan, an increase of 19% compared with the same period of last year. Keeping the rising trend, the investment in the province completed in May reached 94.2 billion yuan, an increase of 12% on a month-on-month basis. In general, the province’s investment remains high, which helps consolidate a good basis for economic recovery. But attention should be paid to the fact that the growth of government-led investment in infrastructure declines significantly even though private investment mainly in real estate and manufacturing performs actively.
Source：Shaoxing Daily