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.