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Private investment, which accounts for more than 60 percent of total FAI, rose at a faster pace than the overall growth, up 8.7 percent year-on-year.
Progress toward using more clean energy has been accelerating over the past few years, and this trend will remain unchanged in the short-to-medium term in China, said Joseph Jacobelli, a senior analyst of Asian utilities and infrastructure at Bloomberg Intelligence in Hong Kong.
Production has been partly diverted to Europe, where imports from America surged 49.3 percent sequentially.
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President praises Chinese people's confidence in New Year's address
成都排名优化
President says planning, warnings crucial during typhoon, flood season
Prime Minister Shinzo Abe cancelled an overseas trip to deal with Japan's worst flood disaster since 1982, with several million people forced from their homes.
Private investment picked up in Q1, growing 8.9 percent year-on-year, which is 0.8 percentage points more than that of the first two months and 1.2 percentage points higher than that of Q1 2017.
Pricing, including how to incorporate the cost of home nursing into the public healthcare insurance system, is another challenge that needs to be tackled, he says.