China’s fixed-asset investment rose 3.9% year-on-year from January to June 2024, in line with market forecasts, following a 4% growth in the prior month. The marginal slowdown was attributed to a slight easing of investments in the tertiary sector (5.4% vs 5.7% in January-May), of which investment rose in water conservancy management (27.4%), aviation transportation (23.7%), and railway transportation (18.5%). Additionally, investment growth in the secondary sector remained steady at 12.6%, with increases in mining (17.0%), manufacturing (9.5%), and electricity, heat, gas, and water production and supply (24.2%). Meanwhile, investments in the primary sector advanced (3.1% vs 3%). At the same time, investment in real estate declined by an annual 10.1% during the first six months of the year. On a monthly basis, China’s fixed asset investment grew 0.2%, after a flat reading in the preceding month. source: National Bureau of Statistics of China
Fixed Asset Investment in China decreased to 3.90 percent in June from 4 percent in May of 2024. Fixed Asset Investment in China averaged 16.93 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 August of 2024.
Fixed Asset Investment in China decreased to 3.90 percent in June from 4 percent in May 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.