National Bureau of Statistics: Fixed asset investment continues to grow, with manufacturing investment growing rapidly.
From January to August, the national fixed asset investment was 32.6111 trillion yuan, a year-on-year increase of 0.5%; excluding real estate development investment, national fixed asset investment increased by 4.2%. In terms of sectors, infrastructure investment increased by 2.0% year-on-year, manufacturing investment increased by 5.1%, and real estate development investment decreased by 12.9%. The sales area of new commercial residential buildings nationwide was 573.04 million square meters, a year-on-year decrease of 4.7%; the sales revenue of new commercial residential buildings was 550.15 billion yuan, a decrease of 7.3%. By industry, investment in the primary industry increased by 5.5% year-on-year, investment in the secondary industry increased by 7.6%, and investment in the tertiary industry decreased by 3.4%. Private investment decreased by 2.3% year-on-year; excluding real estate development investment, private investment increased by 3.0%. In high-tech industries, investment in the information service industry, aircraft and spacecraft manufacturing industry, and computer and office equipment manufacturing industry increased by 34.1%, 28.0%, and 12.6% respectively. In August, fixed asset investment decreased by 0.20% compared to the previous month.
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