China's investment in fixed assets stood at 4.1151 trillion yuan (about US$508 billion) in the first eight months of this year, up 27.4 percent year-on-year, according to a monthly report released Thursday by the National Bureau of Statistics.

The fixed assets investment for August alone increased by 28.5 percent over the same month last year.

According to the report, during the January-August period, the investment by the state-owned and other entities with State controlling shares reached 2.0834 trillion yuan (US$257.2 billion), a rise of 11.6 percent year-on-year.

The investment in primary, secondary and tertiary industries rose by 20 percent, 35.2 percent, and 22.3 percent respectively, the report says.

The report also reveals an 81.9 percent growth of investment in coal mining and dressing, which reached 54.6 billion yuan (US$67.4 billion).

Meanwhile, investment in petroleum and natural gas was up 25.6 percent to 77 billion yuan (US$ 9.5 billion).

Investment from the Chinese mainland was up 28.2 percent to 3.5848 trillion yuan (US$442.5 billion), and investment from Hong Kong, Macao and Taiwan was up 20.2 percent to 208.8 billion yuan (US$25.77 billion).

Overseas investment went up 23.9 percent to 272 billion yuan (US$33.5 billion), according to the bureau.

(Xinhua News Agency September 15, 2005)