On January 17, the National Bureau of Statistics released relevant data on the national economy for 2021. According to preliminary calculations, China's gross domestic product (GDP) for the full year of 2021 exceeded 114 trillion yuan, reaching 114.367 trillion yuan, an increase of 8.1% over the previous year at constant prices, with an average two-year growth of 5.1%. Among this, the total output value of China's construction industry in 2021 was 29.3079 trillion yuan, up 11.0% year-on-year.

I. Growth of the Total Output Value of China's Construction Industry in 2021

As shown in the figures above, the total output value of China's construction industry in 2021 was 29.3079 trillion yuan, up 11.0% year-on-year; the floor space under construction by the national construction industry was 15.75 billion square meters, up 5.4% year-on-year.

Growth of National Fixed Asset Investment in 2021

From January to December 2021, national fixed asset investment (excluding rural households) was 54.4547 trillion yuan, up 4.9% over the previous year; up 8.0% compared with January to December 2019, with an average two-year growth of 3.9%. Among this, private fixed asset investment was 30.7659 trillion yuan, up 7.0% over the previous year. On a month-on-month basis, fixed asset investment (excluding rural households) in December increased by 0.22%.

● By industry, investment in the primary industry was 1.4275 trillion yuan, up 9.1% over the previous year; investment in the secondary industry was 16.7395 trillion yuan, up 11.3%; and investment in the tertiary industry was 36.2877 trillion yuan, up 2.1%.

● In the secondary industry, industrial investment increased by 11.4% over the previous year. Among this, investment in mining grew by 10.9%, investment in manufacturing grew by 13.5%, and investment in the production and supply of electricity, heat, gas and water grew by 1.1%.

● In the tertiary industry, infrastructure investment (excluding the production and supply of electricity, heat, gas and water) increased by 0.4% over the previous year. Among this, investment in water conservancy management grew by 1.3%, investment in public facilities management fell by 1.3%, investment in road transport fell by 1.2%, and investment in railway transport fell by 1.8%.

● By region, investment in the eastern region increased by 6.4% over the previous year, investment in the central region grew by 10.2%, investment in the western region grew by 3.9%, and investment in the northeastern region grew by 5.7%.

● By registration type, investment by domestic-funded enterprises increased by 4.7% over the previous year, investment by Hong Kong, Macao and Taiwan-funded enterprises grew by 16.4%, and investment by foreign-funded enterprises grew by 5.0%.