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Fast capital investment troubles economy


BEIJING, April 15 (Xinhuanet) -- Fast growth of capital investmentis one of the protruding problems that troubled China's economy, Zheng Jingping, spokesman of the National Bureau of Statistics said here Thursday.

Some regions and industries still made rush investment and copy-cat construction which have led to price increases of raw materials, energy and transportation, Zheng said.

Statistics show that capital investment of the first quater increased 43 percent and the consumer price index rose 2.8 percent,2.3 percentage points faster than in the same period of last year.Enditem


 
   
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