National Bureau of Statistics: From January to October, the country's fixed asset investment increased by 3.4% year-on-year.

date
15/11/2024
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GMT Eight
On November 15, according to data from the National Bureau of Statistics, from January to October 2024, the fixed asset investment in China (excluding rural households) was 4.2322 trillion yuan, an increase of 3.4% year-on-year (calculated on a comparable basis), with private fixed asset investment of 2.12775 trillion yuan, a decrease of 0.3%. Month-on-month, fixed asset investment (excluding rural households) increased by 0.16% in October. By industry, investment in the primary industry was 788.2 billion yuan, an increase of 2.5% year-on-year; investment in the secondary industry was 1.45633 trillion yuan, an increase of 12.2%; investment in the tertiary industry was 2.69707 trillion yuan, a decrease of 0.9%. In the secondary industry, industrial investment increased by 12.3% year-on-year. Specifically, investment in mining increased by 13.2%, manufacturing by 9.3%, and electricity, heat, gas, and water production and supply by 24.1%. In the tertiary industry, infrastructure investment (excluding electricity, heat, gas, and water production and supply) increased by 4.3% year-on-year. Specifically, investment in water management increased by 37.9%, aviation transportation by 19.2%, and railway transportation by 14.5%. By region, investment in the eastern region increased by 1.8% year-on-year, in the central region by 4.6%, in the western region by 1.1%, and in the northeastern region by 3.2%. By registration type, domestic enterprise investment increased by 3.2% year-on-year, Hong Kong, Macao, and Taiwan enterprise investment increased by 8.2%, and foreign enterprise investment decreased by 20.6%. This article is compiled from the official website of the National Bureau of Statistics, edited by GMTEight: Liu Jiayin.

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