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Exact(10)
The cost of investment contributed to a 40% decline in its 2015-16 pre-tax profit.
Together, private consumption and fixed investment contributed about 3.25 percent to growth.
Investment contributed over half of the growth in the third quarter, Mr. Sheng said.
Its revised figures show that consumption contributed 55.5% of China's growth in 2011; investment contributed only 48.8%.
In seasonally adjusted terms, public investment contributed 0.65% points to quarterly growth – that is larger than the actual 0.5% growth in the overall economy.
A spokeswoman said: "It's particularly encouraging that growth in exports and investment contributed well over half of the second quarter growth rate.
Similar(46)
"It is crucial to ensure that all new investment contributes to more effective climate action.
… This enormous investment contributes little to the ultimate goal of increasing the supply of permanent housing units".
Such investment contributes less to business revenue and profit than does traditional investment and therefore creates less income to pay higher wages and taxes.
Currently, private investment contributes just 15% of total income for the arts in the UK, and has been declining as businesses deal with the effects of the recession.
"This initiative will catalyze private sector investment, contribute to economic growth, and help to create hundreds of thousands of jobs," Mr. Summers said in a statement.
Related(15)
infrastructure contributed
wealth contributed
reversal contributed
capital contributed
financing contributed
funding contributed
finance contributed
outlay contributed
portfolio contributed
commitment contributed
employment contributed
expenditure contributed
securities contributed
placements contributed
expenses contributed
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