Urban fixed asset investment in China grew by 1.7% from January to March, and infrastructure investment increased by 8.9% year-on-year.

```

Fixed asset investment grew steadily in the first quarter, with infrastructure investment growing rapidly.

On April 16, data released by the National Bureau of Statistics showed that from January to March, fixed asset investment nationwide (excluding rural households) was 10,270.8 billion yuan, an increase of 1.7% year-on-year.

Among them, private fixed asset investment fell by 2.2% year-on-year. On a month-on-month basis, fixed asset investment (excluding rural households) increased by 0.52% in March.

By sector, infrastructure investment grew by 8.9% year-on-year, manufacturing investment increased by 4.1%, and real estate development investment fell by 11.2%.

High-tech industry investment grew by 7.4% year-on-year, with investment in computer and office equipment manufacturing, aerospace and equipment manufacturing, and information services growing by 28.3%, 19.0%, and 20.9% respectively. In March, fixed asset investment (excluding rural households) increased by 0.52% month-on-month.

By industry, investment in the primary industry was 233.4 billion yuan, an increase of 15.9% year-on-year; investment in the secondary industry was 3,676.5 billion yuan, a rise of 5.8%; investment in the tertiary industry was 6,360.8 billion yuan, a decrease of 1.0%.

Industrial investment grew by 5.8% year-on-year. Among them, mining investment rose 15.0%, manufacturing investment increased by 4.1%, and investment in electricity, heat, gas, and water production and supply industries grew by 9.0%.

Infrastructure investment grew by 8.9% year-on-year. Among them, investment in air transport rose by 43.3%, investment in water transport increased by 34.1%, investment in electricity and heat production and supply grew by 9.2%, and investment in eco-protection and environmental governance industries increased by 9.0%.

By region, investment in eastern regions grew by 0.7% year-on-year, central regions by 1.9%, western regions by 1.0%, and northeastern regions fell by 10.0%.

By registration and statistics category, fixed asset investment by domestic companies grew by 2.1% year-on-year, fixed asset investment by Hong Kong, Macao, and Taiwan-invested companies fell by 5.0%, and fixed asset investment by foreign-invested companies decreased by 6.3%.

Risk warning and disclaimerThe market involves risks, and investment needs to be cautious. This article does not constitute personal investment advice, nor does it take individual users’ special investment goals, financial situations, or needs into account. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular situation. If you invest accordingly, the responsibility is yours. ```