China's Fixed-Asset Investment Grows by 9 %

China's fixed-asset investment grew 9 percent in the first half of 2016, down from 9.6 percent in the first five months and 10.7 percent in the first quarter, official data showed Friday. 
Private investment increased 2.8 percent in the first half, down from 3.9 percent in the first five months and 5.7 percent in the first quarter, Xinhua News Agency quoted the National Bureau of Statistics (NBS) as saying. 
Investment by state-owned enterprises slightly sped up, rising 23.5 percent in the first half, compared with 23.3 percent growth in the first quarter