China's fixed-asset investment advanced by 5.7 percent year-on-year to CNY 32.0 trillion in the first seven months of the year, compared with market forecasts of 6.2 percent and following a 6.1 percent growth in the first six months of the year. Among sub-industries, investment slowed for all sectors: the primary sector (2.4 percent vs 4.0 percent), the secondary one (10.4 percent vs 10.9 percent) and the tertiary industry (3.7 percent vs 4.0 percent). In the secondary industry, industrial investment increased by 10.5 percent year-on-year. Among them, investment in mining expanded 8.3 percent from a year earlier, while those of manufacturing and utilities grew by 10.4 percent and 15.1 percent, respectively.
source:
National Bureau of Statistics of China
Fixed Asset Investment in China averaged 17.87 percent from 1996 until 2022, reaching an all time high of 53 percent in February of 2004 and a record low of -24.50 percent in January of 2020. This page provides - China Fixed Asset Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Fixed Asset Investment - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Fixed Asset Investment in China is expected to be 8.00 percent by the end of this quarter, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the China Fixed Asset Investment is projected to trend around 3.90 percent in 2023 and 5.30 percent in 2024, according to our econometric models.