Urban fixed-asset investment in China rose 26.5% in the first two months of the year over the same period in 2008, AFP reported. The growth figure reported by the National Bureau of Statistics was higher than the 24.3% growth figure reported in the first two months of 2008. Total fixed-asset spending in January and February was US$150 billion. Investment funded by the central government was also up during the period, by 40.3%, suggesting that the rise in fixed-asset investment is linked to heavy government stimulus spending.
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