Investment Has Rebounded Steadily And Investment In High-tech Industries Has Increased Rapidly

- Apr 17, 2019-

In the first quarter, China's fixed assets investment (excluding farmers) reached 10,187.1 billion yuan, up 6.3% year-on-year, 0.2 percentage points faster than in January-February and 1.2 percentage points lower than in the same period last year. Among them, private investment amounted to 6149.2 billion yuan, an increase of 6.4%. In terms of sub-industries, investment in primary industry increased by 3.0%, investment in secondary industry increased by 4.2%, of which investment in manufacturing industry increased by 4.6%, investment in tertiary industry increased by 7.5%, and investment in infrastructure increased by 4.4%. Investment in high-tech manufacturing industry increased 11.4% year on year, 5.1 percentage points faster than total investment; investment in high-tech service industry increased 19.3% year on year, 13.0 percentage points faster than total investment. Compared with the previous month, fixed assets investment (excluding farmers) increased by 0.45% in March.

In the first quarter, China's real estate development investment was 2380.3 billion yuan, up 11.8% year-on-year, 0.2 percentage points faster than in January-February and 1.4 percentage points faster than in the same period last year. The sales area of commercial housing in China was 298.29 million square meters, down 0.9% year-on-year, a decrease of 2.7 percentage points from January to February; the sales volume of commercial housing in China was 270.39 billion yuan, an increase of 5.6%, an increase of 2.8 percentage points from January to February.

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