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.

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China Fixed Asset Investment



Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 02:00 AM Nov 5.3% 5.8% 5.6% 5.6%
2023-01-17 02:00 AM Dec 5.1% 5.3% 5% 5.5%
2023-03-15 02:00 AM Jan-Feb 5.1% 5%


Related Last Previous Unit Reference
Fixed Asset Investment 5.10 5.30 percent Dec 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
5.10 5.30 53.00 -24.50 1996 - 2022 percent Monthly
CMLV, NSA

News Stream
China Fixed Asset Investment Growth Above Forecasts
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%).
2023-01-17
China Fixed Asset Investment Growth Below Forecasts
China's fixed-asset investment grew by 5.3 percent year-on-year from January to November 2022, after a 5.8% gain in the first ten months of the year, and below market forecasts of 5.6 percent. Investment in the primary industry eased (0.7% vs 1.4% in the January to October period), as did in the tertiary industry (3.2% vs 3.7%). Also, investment in the secondary industry moderated, but the rate of growth remained solid (10.1% vs 10.8%), supported by rises in mining investment (0.5%), manufacturing (9.3%), and utilities (19.6%).
2022-12-15
China Fixed Investment Grows Further in Jan-Oct
China's fixed-asset investment increased by 5.8 percent year-on-year from January to October 2022, compared with market forecasts and the figure during the first nine months of the year of 5.9 percent. Investment in the primary industry slowed (1.4% vs 1.6% rise in the January to September period), as did in the tertiary industry (3.7% vs 3.9%). Also, investment in the secondary industry moderated, but the rate of growth remained solid (10.8% vs 11.0%), supported by rises in mining investment (8.1% ), manufacturing (9.7%), and utilities (18.9%).
2022-11-15