National Bureau of Statistics: From January to October, the national fixed asset investment totaled 40,891.4 billion yuan, a year-on-year decrease of 1.7%.

On November 14th, the National Bureau of Statistics released the basic situation of national fixed asset investment from January to October 2025. From January to October 2025, the national fixed asset investment (excluding rural households) was 40,891.4 billion yuan, a year-on-year decrease of 1.7% (calculated on a comparable basis). Among them, private fixed asset investment decreased by 4.5% year-on-year. Looking at month-on-month comparison, fixed asset investment (excluding rural households) decreased by 1.62% in October. By industry, investment in the primary industry was 807.5 billion yuan, an increase of 2.9% year-on-year; investment in the secondary industry was 1,484.1 billion yuan, an increase of 4.8%; investment in the tertiary industry was 2,524.3 billion yuan, a decrease of 5.3%. In the secondary industry, industrial investment increased by 4.9% year-on-year. Among them, mining investment increased by 3.8%, manufacturing investment increased by 2.7%, and investment in electricity, heat, gas, and water production and supply increased by 12.5%. In the tertiary industry, infrastructure investment (excluding electricity, heat, gas, and water production and supply) decreased by 0.1% year-on-year. Among them, pipeline transportation investment increased by 13.8%, water transportation investment increased by 9.4%, and railway transportation investment increased by 3.0%. By region, investment in the eastern region decreased by 5.4% year-on-year, investment in the central region decreased by 0.5%, investment in the western region increased by 0.4%, and investment in the northeastern region decreased by 11.7%. By registration type, fixed asset investment in domestic enterprises decreased by 1.7% year-on-year, fixed asset investment in enterprises from Hong Kong, Macau, and Taiwan decreased by 1.8%, and fixed asset investment in foreign enterprises decreased by 12.1%. This article is excerpted from the official website of the National Bureau of Statistics, edited by GMTEight: Feng Qiuyi.