In the first quarter, fixed asset investment of central enterprises increased by 23.5% year on year.

The State-owned Assets Supervision and Administration Commission of the State Council stated that in the first quarter, the economic operation of central enterprises was stable and orderly, the quality and efficiency of operation continued to improve, the effective investment growth was strong, and the value contribution continued to increase. Fixed asset investment reached 1.05 trillion yuan, an increase of 23.5% year-on-year, and value added reached 2.7 trillion yuan, an increase of approximately 3% year-on-year.