From January to April, urban fixed asset investment in China fell by 1.6%, while investment in high-tech industries grew by 6.1%.

1-4 months fixed asset investment fell year-on-year, high-tech industry investment grew rapidly. From January to April, national fixed asset investment (excluding rural households) amounted to 14,129.3 billion yuan, down 1.6% year-on-year. By sector, infrastructure investment increased by 4.3% year-on-year, manufacturing investment increased by 1.2%, while real estate development investment decreased by 13.7%. High-tech industry investment increased by 6.1% year-on-year, with investment in the aviation, spacecraft and equipment manufacturing industries, computer and office equipment manufacturing, and information services up by 17.9%, 13.9%, and 18.1% respectively. In April, fixed asset investment (excluding rural households) decreased by 2.36% month-on-month. By industry, investment in the primary industry was 315.0 billion yuan, up 10.1% year-on-year; investment in the secondary industry was 5,106.5 billion yuan, up 2.5%; investment in the tertiary industry was 8,707.7 billion yuan, down 4.2%. Industrial investment increased by 2.5% year-on-year. Among them, mining industry investment increased by 11.1%, manufacturing industry investment increased by 1.2%, and electricity, heat, gas and water production and supply industry investment increased by 4.4%. Infrastructure investment (see Note 1 for the definition) increased by 4.3% year-on-year. Among them, investment in water transport increased by 28.4%, investment in air transport increased by 27.3%, investment in ecological protection and environmental governance increased by 5.9%, and investment in electricity and heat production and supply increased by 5.0%. By region, investment in the eastern region fell 2.6% year-on-year, investment in the central region fell 1.2%, investment in the western region fell 3.3%, and investment in the northeast region fell 15.0%. According to the registration statistics category, domestic-funded enterprise fixed asset investment fell 1.3% year-on-year, Hong Kong, Macao and Taiwan-funded enterprise fixed asset investment fell 6.8%, and foreign-funded enterprise fixed asset investment fell 4.9%. From January to April, private fixed asset investment dropped by 5.2% year-on-year. Month-on-month, fixed asset investment (excluding rural households) fell by 2.36% in April. Risk warning and disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the special investment goals, financial status, or needs of individual users. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investment based on this is at your own risk.