China's fixed-asset investment increased 5.7 percent from a year earlier to CNY 34.89 trillion in January to July 2019, compared to a 5.8 percent rise in the first six months of the year and below market consensus of 5.8 percent, as private investment growth eased (5.4 percent vs 5.7 percent in January-June) while public investment rose faster (7.1 percent vs 6.9 percent). By sector, fixed-asset investment went up softer for transport, storage and postal industry (4.6 percent vs 5.1 percent) while investment in agriculture, forestry, fishery dropped continued to drop (-0.9 percent vs -0.8 percent) and that in utilities was unchanged (vs -0.5 percent). On the other hand, fixed-asset investment grew faster for mining (27.4 percent vs 22.3 percent), manufacturing (3.3 percent vs 3.0 percent), water conservancy, environment and public facilities management (2.6 percent vs 2.5 percent). Fixed Asset Investment in China averaged 19.57 percent from 1996 until 2019, reaching an all time high of 53 percent in February of 2004 and a record low of 5.30 percent in August of 2018.

Fixed Asset Investment in China is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fixed Asset Investment in China to stand at 5.30 in 12 months time. In the long-term, the China Fixed Asset Investment is projected to trend around 5.30 percent in 2020, according to our econometric models.

China Fixed Asset Investment
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 02:00 AM Fixed Asset Investment (YTD) YoY Apr 6.1% 6.3% 6.4% 6.2%
2019-06-14 07:00 AM Fixed Asset Investment (YTD) YoY May 5.6% 6.1% 6.1% 6%
2019-07-15 02:00 AM Fixed Asset Investment (YTD) YoY Jun 5.8% 5.6% 5.6% 5.4%
2019-08-14 02:00 AM Fixed Asset Investment (YTD) YoY Jul 5.7% 5.8% 5.8% 5.9%
2019-09-16 02:00 AM Fixed Asset Investment (YTD) YoY Aug 5.7% 5.8%
2019-10-18 02:00 AM Fixed Asset Investment (YTD) YoY Sep 5.8%
2019-11-14 02:00 AM Fixed Asset Investment (YTD) YoY Oct 5.6%


China Money Last Previous Highest Lowest Unit
Interest Rate 4.35 4.35 10.98 4.35 percent [+]
Cash Reserve Ratio 13.50 13.50 21.50 6.00 percent [+]
Money Supply M0 7270.00 7258.10 8747.06 17.85 CNY Billion [+]
Money Supply M1 55300.00 56769.62 56769.62 74.51 CNY Billion [+]
Interbank Rate 3.19 3.07 9.89 0.00 percent [+]
Money Supply M2 191940.00 192136.02 192136.02 5840.10 CNY Billion [+]
Central Bank Balance Sheet 357952.87 363595.27 372492.06 34443.90 CNY HML [+]
Banks Balance Sheet 1060.00 1660.00 3230.00 -32.10 CNY Billion [+]
Foreign Exchange Reserves 3103697.00 3119234.00 3993212.72 2262.00 USD Million [+]
Loans to Private Sector 10100.00 22629.00 46015.00 -974.00 CNY HML [+]
Deposit Interest Rate 0.35 0.35 3.15 0.35 percent [+]
Loan Growth 12.60 13.00 34.44 10.60 percent [+]
Reverse Repo Rate 2.55 2.55 4.40 2.25 percent [+]
Loans To Banks 1464961.61 1454546.85 1464961.61 413413.10 CNY HML [+]
Fixed Asset Investment 5.70 5.80 53.00 5.30 percent [+]


China Fixed Asset Investment

In China, urban investment in fixed assets is one of the main measures of capital spending. It refers to investment in construction projects with a total planned investment of 5 million yuan; machinery and equipment and real estate development in both urban and rural areas. It refers to investment made by state-owned enterprises and private businesses, institutions or individuals. This page provides - China Fixed Asset Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Fixed Asset Investment - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.80 53.00 5.30 1996 - 2019 percent Monthly
CMLV, NSA




Country Last Previous
China 5.70 Jul/19


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