National Bureau of Statistics: China's investment potential and space are still huge.

The Zhitong Finance APP learned that the State Council Information Office held a press conference at 10 am on November 14th. Fu Linghui, the spokesperson of the National Bureau of Statistics, chief economist, and director of the Department of Comprehensive Economic Statistics, said at the press conference that from January to October, national fixed-asset investment decreased by 1.7% year-on-year. Excluding price factors, fixed-asset investment maintained a slight growth, and the physical workload of investment is still increasing. Regarding the slowdown in investment growth, Fu Linghui said that this is the result of various factors working together. Despite the slowdown in investment growth, the investment structure continues to optimize, with continuous growth in manufacturing investment, proactive promotion of transformation and upgrading in traditional manufacturing, and the development and growth of emerging manufacturing industries. Fu Linghui pointed out that the potential and space for investment in China are still enormous. The changes in investment growth rates need to be objectively and comprehensively understood, not only looking at the current situation, but also looking from a perspective of development.