National Bureau of Statistics: From January to November, the total fixed asset investment in the country was 44.4035 trillion yuan, a decrease of 2.6% year-on-year.

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10:03 15/12/2025
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In January to November 2025, the national fixed asset investment (excluding rural households) was 44,403.5 billion yuan, a year-on-year decrease of 2.6% (calculated on a comparable basis).
According to data from the National Bureau of Statistics, from January to November 2025, the total fixed asset investment in the country (excluding farmers) was 44.4035 trillion yuan, a decrease of 2.6% compared to the previous year (calculated using comparable calibers). Among them, private fixed asset investment decreased by 5.3% year-on-year. In terms of month-on-month comparison, fixed asset investment in November (excluding farmers) decreased by 1.03%. Looking at the different industries, investment in the primary industry was 877 billion yuan, an increase of 2.7% year-on-year; investment in the secondary industry was 16.2243 trillion yuan, an increase of 3.9%; and investment in the tertiary industry was 27.3022 trillion yuan, a decrease of 6.3%. In the secondary industry, industrial investment increased by 4.0% year-on-year. Among them, investment in mining increased by 4.0%, investment in manufacturing increased by 1.9%, and investment in electricity, heat, gas, and water production and supply increased by 10.7%. In the tertiary industry, infrastructure investment (excluding electricity, heat, gas, and water production and supply) decreased by 1.1% year-on-year. Among them, investment in pipeline transportation increased by 16.8%, investment in water transportation increased by 8.9%, and investment in railway transportation increased by 2.7%. In terms of regions, investment in the eastern region decreased by 6.6% year-on-year, investment in the central region decreased by 1.7%, investment in the western region decreased by 0.2%, and investment in the northeastern region decreased by 14.0%. In terms of registration types, fixed asset investment of domestic enterprises decreased by 2.6% year-on-year, investment of enterprises from Hong Kong, Macao, and Taiwan decreased by 2.2%, and investment of foreign enterprises decreased by 14.1%. The main data of fixed asset investment (excluding farmers) from January to November 2025. This article is compiled from the official website of the National Bureau of Statistics, edited by GMTEight: Li Fo.