China Fixed Asset Investment

Last Release

Dec 31, 2024

Actual

3.2

Units In

3.3

Frequency

Monthly

Next Release

Mar 18, 2025

Time to Release

1 Months 27 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
53 Feb 2004	-24.5 Jan 2020	16.68 %	1996-2024	National Bureau of Statistics of China

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.

Latest Updates

China’s fixed-asset investment rose 3.2% year-on-year from January to December 2024, slightly below market expectations of 3.3% growth. Investment in the secondary sector remained strong at 12%, driven by increases in mining (10.5%), manufacturing (9.2%), and electricity, heat, gas, and water production and supply (23.9%). Meanwhile, investments in the primary (2.6% vs 2.4% in January to November) and the tertiary (4.4% vs 4.2%) sectors went up. However, real estate investment shrank by 10.6%. On a monthly basis, fixed-asset investment increased by 0.3% in December, up from a 0.1% gain in the preceding month.