National Bureau of Statistics: From January to July, the country's fixed asset investment reached 28.8229 trillion yuan, a year-on-year increase of 1.6%.
According to data from the National Bureau of Statistics, from January to July, the fixed asset investment in China reached 28.8229 trillion yuan, an increase of 1.6% year-on-year; excluding real estate development investment, the growth was 5.3%. In terms of different sectors, infrastructure investment increased by 3.2% year-on-year, manufacturing investment increased by 6.2%, and real estate development investment decreased by 12.0%. The sales area of newly-built commercial housing in the country was 515.6 million square meters, a decrease of 4.0% year-on-year; the sales amount was 495.66 billion yuan, down by 6.5%. In terms of industries, investment in the primary industry increased by 5.6% year-on-year, investment in the secondary industry increased by 8.9%, and investment in the tertiary industry decreased by 2.3%. Private investment decreased by 1.5% year-on-year; excluding real estate development investment, private investment increased by 3.9%. In high-tech industries, investment in the aerospace and aerospace equipment manufacturing industry, information service industry, and computer and office equipment manufacturing industry increased by 33.9%, 32.8%, and 16.0% year-on-year, respectively. In July, fixed asset investment decreased by 0.63% compared to the previous month.
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