China infrastructure investment to pick up in second half: statistics bureau

Reuters  |  BEIJING 

(Reuters) - China's infrastructure investment is expected to pick up in the second half of the year due to policy support, the country's statistics bureau said on Tuesday, after official data showed infrastructure spending slowed in the first seven months.

China's economic growth is still within a reasonable range, the bureau's told reporters.

Growth in infrastructure spending, a last year, slowed to 5.7 percent in January-to-July, from an increase of 7.3 percent in the first six months.

(Reporting by Kevin Yao; Writing by Ryan Woo; Editing by Sam Holmes)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 14 2018. 08:20 IST