China's fixed-asset investment increased 5.1% year-on-year to 57,213.8 billion yuan in the January to December 2022 period, slowing from a 5.3% growth in the previous month but exceeding forecasts for a 5% gain. Investment in the primary industry rose 0.2% over the previous year, while those in the secondary and tertiary industries increased 10.3% and 3%, respectively. In the secondary industry, investment growth was driven mainly by the manufacturing (9.1%), mining (4.5%) and production & supply of electricity, heat, gas & water (19.3%) industries. In the tertiary industry, investment growth was driven mainly by infrastructure investment including water conservancy management (13.6%), public facilities management (10.1%), road transportation (3.7%) and railway transportation (1.8%). source: National Bureau of Statistics of China
Fixed Asset Investment in China averaged 17.67 percent from 1996 until 2022, reaching an all time high of 53.00 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 January of 2023.
Fixed Asset Investment in China is expected to be 5.30 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 4.80 percent in 2024, according to our econometric models.