China Jan-Oct coal industry FAI down 8.5% YoY, NBS

2017-11-14 11:56:00 Policy sxcoal.com

China's fixed-asset investment (FAI) in coal mining and washing industry amounted to 221.9 billion yuan ($33.5 billion) in the first ten months this year, down 8.5% from the previous year, showed data from the National Bureau of Statistics (NBS) on November 14.

 

During the same period, private investment in the sector stood at 121.5 billion yuan, falling 18.3% year on year.

 

The country's FAI in the entire mining industry during the period rose 14.7% on year to 190.7 billion yuan. Of this, private investment stood at 165 billion yuan, down 22.3% from the year prior.

 

Over January-October, the total FAI in ferrous mining industry dropped 22.4% from a year ago to 64.9 billion yuan. Of this, private investment stood at 47.5 billion yuan, down 27.7% year on year

 

During the same period, the total FAI in non-ferrous mining industry stood at 95.6 billion yuan, down 21.3% from the year-ago level. Private investment in non-ferrous industry dropped 17.3% year on year to 73 billion yuan.

 

The FAI in non-metal mining industry stood at 147.9 billion yuan over January-October, down 14.1% from the year before, with private investment down 14.7% to 138.7 billion yuan.



(Writing by William Gao   Editing by Jessie Jia)
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