China's fixed-asset investment grew by 5.8 percent year-on-year to CNY 36.7 trillion in the first eight months of the year, compared with market forecasts of 5.5 percent and following a 5.7 percent growth in the first seven months of the year. Among sub-industries, investment accelerated for both the secondary sector (10.5 percent vs 10.4 percent) and the tertiary industry (8.3 percent vs 3.7 percent). Meanwhile, the primary sector growth eased slightly (2.3 percent vs 2.4 percent). In the secondary industry, industrial investment increased by 10.5 percent year-on-year. Among them, investment in mining expanded 6.9 percent from a year earlier, while those of manufacturing and utilities grew by 10.0 percent and 15.0 percent, respectively. source: National Bureau of Statistics of China

Fixed Asset Investment in China averaged 17.83 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 5.20 percent by the end of this quarter, according to Trading Economics 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.

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China Fixed Asset Investment



Calendar GMT Actual Previous Consensus TEForecast
2022-08-15 02:00 AM Jul 5.7% 6.1% 6.2% 6.5%
2022-09-16 02:00 AM Aug 5.8% 5.7% 5.5% 5.5%
2022-10-18 02:00 AM Sep 5.8%


Related Last Previous Unit Reference
Fixed Asset Investment 5.80 5.70 percent Aug 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.70 53.00 -24.50 1996 - 2022 percent Monthly
CMLV, NSA

News Stream
China Fixed Investment Growth Beats Estimates
China's fixed-asset investment grew by 5.8 percent year-on-year to CNY 36.7 trillion in the first eight months of the year, compared with market forecasts of 5.5 percent and following a 5.7 percent growth in the first seven months of the year. Among sub-industries, investment accelerated for both the secondary sector (10.5 percent vs 10.4 percent) and the tertiary industry (8.3 percent vs 3.7 percent). Meanwhile, the primary sector growth eased slightly (2.3 percent vs 2.4 percent). In the secondary industry, industrial investment increased by 10.5 percent year-on-year. Among them, investment in mining expanded 6.9 percent from a year earlier, while those of manufacturing and utilities grew by 10.0 percent and 15.0 percent, respectively.
2022-09-16
China Fixed Asset Investment Rises Less than Estimated
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% year-on-year. Among them, investment in mining expanded 8.3% from a year earlier, while those of manufacturing and utilities grew by 10.4% 15.1%, respectively.
2022-08-15
China Fixed Asset Investment Growth Beats Estimates in H1
China's fixed-asset investment grew by 6.1 percent year-on-year to CNY 27.1 trillion in the first half of the year, compared with market forecasts of 6.0 percent and following a 6.2 percent gain in the first five months of the year. Among sub-industries, investment eased for all sectors: the primary sector (4.0 percent vs 5.8 percent), the secondary one (10.9 percent vs 11.0 percent) and the tertiary industry (4.0 percent vs 4.1 percent). In the secondary industry, industrial investment increased by 11.0% year-on-year. Among them, investment in mining rose (9.8% vs 17.3%), manufacturing (10.4% vs10.6%) and power production (15.1% vs 11.5%) while investment in the property sector declined (-5.4% vs -4.0%).
2022-07-15