China's Q1 fixed-asset investment up 17.6 pct

China's urban fixed asset investment rose 17.6 percent year on year to 6.8322 trillion yuan ($1.11 trillion) in the first quarter of 2014, the National Bureau of Statistics (NBS) said on Wednesday.

Investment in property development climbed 16.8 percent, retreating 2.5 percentage points from the rate seen in the first two months, the NBS said.