China's fixed-asset investment grew by 8.9% yoy to CNY 34.69 trillion in January to August 2021, slowing from a 10.3% rise in the previous period and slightly below market forecasts of 9.0%. Investment eased in both public (6.2% vs 7.1% in January-July) and private sectors (11.5% vs 13.4%), amid the latest surge of COVID-19 cases in some regions. Among sub-industries, a slowdown in investment was seen for the primary sector (18.1% vs 21.8%) and secondary (12.9% vs 14.4%). Also, the tertiary industry rose 6.8 percent, following a 8.2% growth, mainly supported by water conservancy, public facilities, road transport, and railway. source: National Bureau of Statistics of China
Fixed Asset Investment in China averaged 18.25 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 September of 2021.
Fixed Asset Investment in China is expected to be 8.50 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 3.90 percent in 2022 and 5.30 percent in 2023, according to our econometric models.