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ECONOMY
THIS WEEK> THIS WEEK NO. 38, 2012> ECONOMY
UPDATED: September 14, 2012 NO. 38 SEPTEMBER 20, 2012
Numbers
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2.1%

China's current account surplus reached $77.2 billion in the first half of 2012, accounting for 2.1 percent of its GDP, said the State Administration of Foreign Exchange on September 12.

820 billion yuan

Investment in building affordable housing units for low-income groups totaled 820 billion yuan ($129.4 billion) in the first eight months of 2012, said the Ministry of Housing and Urban-Rural Development on September 10.

8.9%

Industrial value-added output expanded 8.9 percent year on year in August, slower than the 9.2 percent growth in July, said the National Bureau of Statistics on September 9.

150 billion yuan

China Development Bank, the country's policy lender, said on September 12 that it will raise 150 billion yuan ($23.68 billion) through financing over the next three years to support scientific and technological innovation among enterprises.



 
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