Urban fixed asset investment in China fell by 5.7% from January to June, while the manufacturing of aircraft, spacecraft, and equipment increased by 23.3%.

Urban fixed asset investment in China fell by 5.7% from January to June, while the manufacturing of aircraft, spacecraft, and equipment increased by 23.3%.

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From January to June, China's investment in high-tech industries increased by 4.6% year-on-year, with the aircraft, spacecraft, and equipment manufacturing sector growing by 23.3%.

From January to June, national fixed asset investment (excluding households) reached 22.637 trillion yuan, a year-on-year decrease of 5.7% (calculated on a comparable basis, see Note 7 for details). Among these, investment in intellectual property products increased by 9.4% year-on-year.

By sector, infrastructure investment decreased by 2.4% year-on-year, manufacturing investment decreased by 1.2%, and real estate development investment decreased by 18.0%.

Investment in high-tech industries increased by 4.6% year-on-year. Within this, aircraft, spacecraft and equipment manufacturing, computer and office equipment manufacturing, and information services investment increased by 23.3%, 8.1%, and 15.5% respectively year-on-year.

By industry, investment in the primary industry reached 460 billion yuan, up 0.9% year-on-year; secondary industry investment was 8.312 trillion yuan, down 1.1%; tertiary industry investment was 13.8649 trillion yuan, down 8.4%.

Industrial investment decreased by 1.1% year-on-year. Among them, mining investment grew by 5.9%, manufacturing investment decreased by 1.2%, and investment in power, heat, gas and water production and supply decreased by 2.7%.

Infrastructure investment (see Note 1 for definition) decreased by 2.4% year-on-year. Within this, information transmission industry investment grew by 25.6%, water transportation industry investment grew by 19.8%, and air transportation industry investment grew by 11.0%.

By region, investment in the eastern region decreased by 7.5% year-on-year, central region investment decreased by 4.9%, western region investment decreased by 8.0%, and northeastern region investment decreased by 22.9%.

By registration type, fixed asset investment by domestic enterprises decreased by 5.5% year-on-year, fixed asset investment by Hong Kong, Macau and Taiwan-invested enterprises decreased by 7.9%, and foreign-invested enterprises' fixed asset investment decreased by 4.7%.

From January to June, private fixed asset investment decreased by 8.5% year-on-year. Month-on-month, fixed asset investment (excluding households) in June decreased by 0.37%.

 

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