China's fixed-asset investment up 6.1% in Jan.-Oct.

0 Comment(s)Print E-mail Xinhua, November 16, 2021
Adjust font size:

China's fixed-asset investment (FAI) went up 6.1 percent year on year in the first 10 months of this year, data from the National Bureau of Statistics (NBS) showed Monday.

During the first 10 months, the FAI amounted to over 44.58 trillion yuan (about 6.98 trillion U.S. dollars), according to the NBS.

Compared with the 2019 level, the FAI growth came in at 7.8 percent during the period. The two-year average growth stood at 3.8 percent.

Investment by the private sectors rose 8.5 percent year on year to nearly 25.45 trillion yuan in the first 10 months, the NBS data showed.

On a month-on-month basis, FAI gained 0.15 percent in October.

In the first 10 months, investment in the primary, secondary and tertiary industries increased 11.1 percent, 11.3 percent and 3.7 percent, respectively, from a year earlier.

Investment in manufacturing and infrastructure gained 14.2 percent and 1 percent year on year, respectively, NBS data showed.

The FAI includes capital spent on infrastructure, property, machinery and other physical assets.

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from