China’s fixed-asset investment rose by 3.6% year-on-year from January to July 2024, compared with market forecasts and growth figures in the prior period of 3.9%. Investment activity in the secondary sector sustained (12.5% vs 12.6% in January to June), helped by increases in mining (19.3%), manufacturing (9.3%), and electricity, heat, gas and water production and supply (23.8%). Also, investments in the primary sector rose further (3.3% vs 3.1%). On the other hand, investments in the tertiary industry fell further (-0.7% vs -0.2%). In the meantime, investment in real estate contracted by an annual 10.2% during the first seven months of the year, compared with a drop of 10.1% in the preceding period. Monthly, fixed investment fell 0.17% in July, after a 0.2% gain in June. source: National Bureau of Statistics of China
Fixed Asset Investment in China decreased to 3.60 percent in July from 3.90 percent in June of 2024. Fixed Asset Investment in China averaged 16.89 percent from 1996 until 2024, reaching an all time high of 53.00 percent in February of 2004 and a record low of -24.50 percent in January of 2020. This page provides - China Fixed Asset Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Fixed Asset Investment - data, historical chart, forecasts and calendar of releases - was last updated on September of 2024.
Fixed Asset Investment in China decreased to 3.60 percent in July from 3.90 percent in June of 2024. Fixed Asset Investment in China is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Fixed Asset Investment is projected to trend around 3.80 percent in 2025 and 4.50 percent in 2026, according to our econometric models.