Fixed asset investment across the country totaled 17.23 trillion yuan, up 25.5%. Domestic demand, particularly consumer demand, played a greater role in boosting economic growth.

全社会固定资产投资总额17.23万亿元，增长25.5%，国内需求特别是消费需求对经济增长的拉动作用增强。

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Reining in the scale of fixed asset investment.

控制固定资产投资规模。

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Continued financial sector reform, and disintermediation, is essential in China's efforts to rebalance its economy away from a fixed-asset investment model towards domestic consumption and services.

在中国再平衡其经济、从固定资产投资模式转向国内消费及服务模式的过程中，持续的金融业改革和非中介化是必不可少的。

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In construction machinery, for example, sales of wheel loaders in April were down 28 percent, and excavator sales were down 40 percent, from the sales levels achieved in March, reflecting a slowdown in fixed asset investment.

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The data did show a return to personal consumption in China and a softening of fixed asset investment at least in the near term across the manufacturing, infrastructure and property sectors.

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Fixed asset investment in China rose marginally on the month, seasonally adjusted, to 1.94 percent.

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