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.

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China Fixed Asset Investment

Actual Previous Highest Lowest Dates Unit Frequency
8.90 10.30 53.00 -24.50 1996 - 2021 percent Monthly
CMLV, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-16 07:00 AM May 15.4% 19.9% 16.9% 16.8%
2021-07-15 02:00 AM Jun 12.6% 15.4% 12.1% 13%
2021-08-16 02:00 AM Jul 10.3% 12.6% 11.3% 12.3%
2021-09-15 02:00 AM Aug 8.9% 10.3% 9% 9.5%
2021-10-18 02:00 AM Sep 8.9% 8.5%
2021-11-15 02:00 AM Oct
2021-12-15 02:00 AM Nov


News Stream
China Fixed Asset Investment Below Forecast
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.
2021-09-15
China Fixed Investment Rises Less than Epected in Jan-July
China's fixed-asset investment grew by 10.3% yoy to CNY 30.25 trillion in January to July 2021, slowing from a 12.6% rise in the previous period and missing market forecasts of 11.3%. Investment eased in both public (7.1% vs 9.6% in January-June) and private sectors (13.4% vs 15.4%), amid the latest surge of COVID-19 cases in some regions. Among sub-industries, a slowdown in investment was seen for the primary sector (21.8% vs 21.3%) and secondary (14.4% vs 16.3%). Also, the tertiary industry rose 8.2 percent, following a 13.8% rise, mainly supported by water conservancy, public facilities, road transport, and railway.
2021-08-16
China Fixed Asset Investment Rises More than Expected
China's fixed-asset investment increased 12.6 percent year-on-year to CNY 25.59 trillion in the first half of 2021, slowing from a 15.4 percent surge in the January-May period but beating market consensus of a 12.1 percent growth, as the economy continued to recover from the pandemic crisis. Public investment grew 9.6 percent (vs 11.8 pct in January-May) and private investment advanced by 15.4 percent (vs 18.1 pct). Investment in the primary industry expanded 21.3 percent (vs 28.7 pct), and that in the tertiary industry advanced 10.7 percent (vs 13.8 pct) 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 rose 16.3 percent (vs 18.1 pct).
2021-07-15
China Fixed Asset Investment Slows in May
Fixed-asset investment in China increased 15.4 percent year-on-year in the first five months of 2021, below forecasts of 16.9 percent. Slower increases were seen for both public (11.8% vs 18.6% in January-April) and private (18.1% vs 21%) and in all major economic sectors: primary (28.7% vs 35.5%), secondary (18.1% vs 21.7%) and tertiary (13.8% vs 18.7%).
2021-06-16

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.