National Bureau of Statistics: From January to August 2024, the national fixed asset investment increased by 3.4%.
From January to August 2024, the national fixed asset investment (excluding farmers) was 32.9385 trillion yuan, a year-on-year increase of 3.4%. Among them, private fixed asset investment was 16.7911 trillion yuan, a decrease of 0.2%. From a month-on-month perspective, fixed asset investment (excluding farmers) in August increased by 0.16%.
National Bureau of Statistics releases article "Fixed Asset Investment in the National from January to August 2024 increased by 3.4%", the article states that from January to August 2024, the fixed asset investment in the nation (excluding rural households) amounted to 32.9385 trillion yuan, a year-on-year increase of 3.4%, of which private fixed asset investment amounted to 16.7911 trillion yuan, a decrease of 0.2%. From a month-on-month perspective, fixed asset investment in August (excluding rural households) increased by 0.16%.
The full text is as follows:
Fixed Asset Investment in the National Increased by 3.4% from January to August 2024
From January to August 2024, the fixed asset investment in the nation (excluding rural households) amounted to 32.9385 trillion yuan, a year-on-year increase of 3.4%, of which private fixed asset investment amounted to 16.7911 trillion yuan, a decrease of 0.2%. From a month-on-month perspective, fixed asset investment in August (excluding rural households) increased by 0.16%.
By industry, investment in the primary industry was 614.6 billion yuan, an increase of 2.9% year-on-year; investment in the secondary industry was 112.778 trillion yuan, an increase of 12.1%; and investment in the tertiary industry was 210.461 trillion yuan, a decrease of 0.8%.
In the secondary industry, industrial investment increased by 12.1% year-on-year. Among them, investment in mining industry increased by 15.6%, investment in manufacturing industry increased by 9.1%, and investment in electricity, heat, gas production and supply industry increased by 23.5%.
In the tertiary industry, infrastructure investment (excluding electricity, heat, gas production and supply industry) increased by 4.4% year-on-year. Among them, investment in water management industry increased by 32.6%, investment in aviation transportation industry increased by 20.3%, and investment in railway transportation industry increased by 16.1%.
From a regional perspective, investment in the eastern region increased by 2.7% year-on-year, investment in the central region increased by 4.6%, investment in the western region decreased by 0.2%, and investment in the northeastern region increased by 2.5%.
By registration type, investment in domestic enterprises increased by 3.3% year-on-year, investment in enterprises from Hong Kong, Macao, and Taiwan increased by 4.7%, and investment in foreign enterprises decreased by 17.7%.
This article is reprinted from the National Bureau of Statistics.
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