From January to May, China's urban fixed-asset investment fell by 4.1%, while the manufacturing of aircraft, spacecraft, and related equipment grew by 16.7%.
```
From January to May, China's infrastructure investment maintained growth, high-tech industry investment increased by 4.5% year-on-year, and the aerospace and equipment manufacturing industry grew by 16.7%.
On June 16, the National Bureau of Statistics released data showing that from January to May, the country’s fixed asset investment (excluding rural households) was 17.8512 trillion yuan, a year-on-year decrease of 4.1%. Among them, investment in intellectual property products increased by 9.3% year-on-year.
By sector, infrastructure investment increased by 0.6% year-on-year, manufacturing investment fell by 0.4%, and real estate development investment declined by 16.2%.
High-tech industry investment increased by 4.5% year-on-year, among which computer and office equipment manufacturing, aerospace and equipment manufacturing, and information service industry investments increased by 18.3%, 16.7%, and 13.8% respectively. In May, fixed asset investment (excluding rural households) dropped by 1.91% month-on-month.
By industry, investment in the primary industry was 388.7 billion yuan, an increase of 5.9% year-on-year; the secondary industry invested 6.4989 trillion yuan, an increase of 0.1%; the tertiary industry invested 10.9636 trillion yuan, a decrease of 6.8%.
Industrial investment increased by 0.1% year-on-year. Among them, mining investment grew by 6.2%, manufacturing investment fell by 0.4%, and investment in the production and supply of electricity, heat power, gas, and water decreased by 0.1%.
Infrastructure investment increased by 0.6% year-on-year. Waterway transportation investment rose by 23.3%, air transportation investment increased by 21.7%, ecological protection and environmental management investment grew by 3.5%, and gas production and supply investment increased by 2.8%.
By region, investment in eastern regions decreased by 6.4% year-on-year, central regions dropped by 2.9%, western regions fell by 6.6%, and northeastern regions declined by 17.5%.
By registration type, fixed asset investment from domestic enterprises decreased by 3.9% year-on-year, investment from Hong Kong, Macao, and Taiwan enterprises fell by 8.7%, and investment from foreign enterprises declined by 4.3%.
From January to May, private fixed asset investment decreased by 7.1% year-on-year. Month-on-month, fixed asset investment (excluding rural households) in May decreased by 1.91%.
Risk warning and disclaimerThe market has risks, investment needs caution. This article does not constitute personal investment advice, nor does it take into account the particular investment objectives, financial circumstances, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at your own risk. ```