National Bureau of Statistics: National Fixed Asset Investment in January-February Increased 1.8% Year-on-Year

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China Securities Journal APP has learned that data from the National Bureau of Statistics shows that from January to February, the country’s fixed asset investment (excluding rural households) reached 52.721 trillion yuan, a year-on-year increase of 1.8%. Among them, private fixed asset investment decreased by 2.6% year-on-year. On a month-on-month basis, fixed asset investment (excluding rural households) in February increased by 0.39%.

Looking at industries, investment in the primary industry was 1.093 trillion yuan, up 17.4% year-on-year; the secondary industry investment was 17.434 trillion yuan, up 5.4%; and the tertiary industry investment was 34.194 trillion yuan, down 0.4%.

Industrial investment grew by 5.4% year-on-year, with mining industry investment up 13.0%, manufacturing up 3.1%, and electricity, heat, gas, and water production and supply industries up 13.1%.

Infrastructure investment increased by 11.4% year-on-year, with investments in air transportation up 31.1%, gas production and supply up 20.0%, and water transportation up 17.9%.

Regionally, eastern region investment increased by 1.8% year-on-year, central region by 1.9%, western region decreased by 0.5%, and northeastern region decreased by 11.4%.

By registration type, domestic-funded enterprises’ fixed asset investment increased by 2.1% year-on-year, Hong Kong, Macao, and Taiwan-invested enterprises decreased by 3.0%, and foreign-invested enterprises decreased by 9.1%.

This article is compiled from the official website of the National Bureau of Statistics. Edited by Jiang Yuanhua for China Securities Journal.

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