China's fixed-asset investment soared 19.9 percent year-on-year in the first four months of 2021, slowing from a 25.6 percent surge in the January-March period but beating market consensus of a 19 percent growth, as the economy consolidated its recovery from the pandemic crisis. Public investment jumped 18.6 percent (vs 25.3 percent in January-March) and private investment advanced by 21.0 percent (vs 26 percent). Investment in the primary industry grew 35.5 percent vs 45.9 percent) and that in the tertiary industry expanded 18.7 percent (vs 24.1 percent), boosted by transport, storage & postal industry; water conservancy, environment and public facilities management industry; education; health and social work; and culture, sports and entertainment industry. Also, investment in the secondary industry jumped 21.7 percent (vs 27.8 percent). The data came in amid a low base last year when fixed-asset investment fell by 10.3 percent, due to the impact of the coronavirus pandemic. source: National Bureau of Statistics of China

Fixed Asset Investment in China averaged 18.34 percent from 1996 until 2021, reaching an all time high of 53 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 June of 2021.

Fixed Asset Investment in China is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fixed Asset Investment in China to stand at 5.10 in 12 months time. In the long-term, the China Fixed Asset Investment is projected to trend around 5.30 percent in 2022, according to our econometric models.

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China Fixed Asset Investment

Actual Previous Highest Lowest Dates Unit Frequency
19.90 25.60 53.00 -24.50 1996 - 2021 percent Monthly
CMLV, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-18 02:00 AM Dec 2.9% 2.6% 3.2% 3.2%
2021-03-15 02:00 AM Jan-Feb 35% 2.9% 40% 42%
2021-04-16 02:00 AM Mar 25.6% 35% 25% 25.1%
2021-05-17 02:00 AM Apr 19.9% 25.6% 19% 19.5%
2021-06-16 02:00 AM May 19.9% 16.8% 16.8%
2021-07-15 02:00 AM Jun
2021-08-16 02:00 AM Jul
2021-09-15 02:00 AM Aug


News Stream
China Fixed Asset Investment Rises More than Expected
China's fixed-asset investment soared 19.9 percent year-on-year in the first four months of 2021, slowing from a 25.6 percent surge in the January-March period but beating market consensus of a 19 percent growth, as the economy consolidated its recovery from the pandemic crisis. Public investment jumped 18.6 percent (vs 25.3 percent in January-March) and private investment advanced by 21.0 percent (vs 26 percent). Investment in the primary industry grew 35.5 percent vs 45.9 percent) and that in the tertiary industry expanded 18.7 percent (vs 24.1 percent), boosted by transport, storage & postal industry; water conservancy, environment and public facilities management industry; education; health and social work; and culture, sports and entertainment industry. Also, investment in the secondary industry jumped 21.7 percent (vs 27.8 percent). The data came in amid a low base last year when fixed-asset investment fell by 10.3 percent, due to the impact of the coronavirus pandemic.
2021-05-17
China Fixed Asset Investment Growth Beats Forecasts
China's fixed-asset investment soared 25.6 percent year-on-year to CNY 9.6 trillion in the first three months of 2021, slowing from a 35 percent surge in the January-February period but beating market consensus of a 25 percent growth, as the economy continued to recover from the pandemic crisis. Public investment jumped 25.3 percent (vs 32.9 percent in January-February) and private investment advanced by 26 percent (vs 36.4 percent in January-February). The data comes amid a low base last year when fixed-asset investment fell by 16.1 percent, due to the impact of the coronavirus pandemic.
2021-04-16
China Fixed Asset Investment Rises Less than Forecast
China's fixed-asset investment surged 35 percent year-on-year to CNY 4.52 trillion in January-February 2021, accelerating from a 2.9 percent advance in 2020 but below market consensus of a 40 percent growth, as the economy continued to recover from the pandemic crisis. Public investment jumped 32.9 percent (vs 5.3 percent in 2020) and private investment soared by 36.4 percent (vs 1 percent in 2020). Investment in the primary industry grew 61.3 percent (vs 19.5 percent), and that in the tertiary industry expanded 34.6 percent (vs 3.6 percent) boosted by transport, storage & postal industry; water conservancy, environment and public facilities management industry; education; health and social work; and culture, sports and entertainment industry. Also, investment in the secondary industry jumped 34.1 percent (vs 0.1 percent). In January-February 2020, fixed-asset investment had plunged by a record 24.5 percent due to the coronavirus pandemic.
2021-03-15
China Fixed Asset Investment Rises Less than Estimated
China's fixed-asset investment increased 2.9 percent year-on-year to CNY 51.91 trillion in 2020, compared to a 2.6 percent growth in January-November but below market consensus of a 3.2 percent growth, as the economy continued to recover from the pandemic crisis. Public investment jumped 5.3 percent, after increasing by 5.6 percent in January-November, and public investment continued to rise (1 percent vs 0.2 percent). Investment in the primary industry grew 19.5 percent (vs 18.2 percent), and that in the tertiary industry expanded 3.6 percent (vs 3.5 percent) boosted by transport, storage & postal industry, education, health and social work, and culture, sports and entertainment industry. Also, investment in the secondary industry rebounded slightly (0.1 percent vs -0.7 percent).
2021-01-18

China Fixed Asset Investment
In China, urban investment in fixed assets is one of the main measures of capital spending. It refers to investment in construction projects with a total planned investment of 5 million yuan; machinery and equipment and real estate development in both urban and rural areas. It refers to investment made by state-owned enterprises and private businesses, institutions or individuals.