May investment in the import and export of imports and exports rebounded

The National Bureau of Statistics June 11 released data shows that the previous May, the country's urban fixed investment growth of 32.9%, the growth rate of 2.4% faster than the previous April, the highest in June 2004. Data from the general administration of Customs yesterday showed that exports and imports were still expanding, with China's imports and exports of 164.13 billion trillion in May, down 25.9% per cent year-on-year.　　Among them, exports fell 26.4% from a year earlier, a 3.8% per cent increase from last month, a record low for monthly statistics, with imports falling 25.2% per cent year-on-year and a 2.2% per cent increase from April. Private investment or the second half of the recovery data show that this January ~ May, the urban fixed assets investment 5.3 trillion yuan, an increase of 32.9%, the increase is 2.4% higher than January ~ April. Among them, the state-owned and state-owned holdings completed investment of 2.3055 trillion yuan, growth 40.6%, real estate development completed investment of 1.0165 trillion yuan, growth of 6.8%. In May, the growth rate of fixed assets investment increased sharply to 38.9%, close to the high investment level in the first half of 04.　　The country's Allianz fund analysis noted that investment growth accelerated significantly in May, with a number of new projects started in the two quarter.　　Data show that the previous May, the cumulative construction project 216,420, an increase of 47,912, the new Start Project plan total investment of 5.33 trillion yuan, an increase of 95.9%, the new project has become the main driving factor in investment growth. From the project affiliation, the central project invested 473.4 billion yuan, an increase of 28% per cent, local project investment of 4.8786 trillion yuan, growth of 33.4%.　　With the central fund put into place, local investment will become the main growth point of the future economy. In addition, Hong Kong and Macao Taiwanese investment and foreign investment reversed the first negative growth in April this year, an increase of 5.3% per cent in May. At the same time, the investment of domestic enterprises also on the original basis to continue to accelerate.　　Show that the trend of private investment recovery is further stable. The new data show accelerated investment in fixed assets and real estate investment, and local project investment gradually began to replace central project investment, according to China Trust analyst.　　Real estate investment began to rise gradually in the process, as real estate investment accounted for nearly 1/4 of the investment in fixed assets, the industrial chain has more than 40 industries, the real estate industry if it can rise rapidly in the second half, private investment will gradually replace the government investment, the effectiveness of investment will be strengthened. Import and export for three consecutive months, but after the seasonal adjustment, exports and imports in May rose 0.2% and 4.4% respectively.　　China's imports and exports have been rising for the third consecutive month, analysts said 3 April is oversold rebound, now the chain growth to a normal level. May China to achieve a trade surplus of 13.39 billion U.S. dollars, slightly higher than the April 13.14 billion U.S. dollars, the main reason for the increase in imports is more than the decline in exports, overall, this year, China's foreign trade surplus growth situation is not optimistic. Due to the depth of export adjustment, relative to the Four seasons last yearThe scale of the monthly surplus of 30 billion or 40 billion dollars, the current foreign trade surplus growth significantly narrowed. China's crude oil imports have been rising on a month-on-month scale for two consecutive months. May crude oil imports amounted to 17.09 million tons, 4.02 million barrels/day.　　The figure is the second highest in the history of China's crude oil imports, after 17.3 million tonnes in March 2008. In January-May this year, Chinese crude imports fell 2.4% to 74.16 million tonnes, or 3.59 million barrels per day, compared with around 16 million tonnes in the past two years.