China News Service, August 15 (Xinhua) — According to the website of the National Bureau of Statistics, from January to July 2024, national fixed-asset investment (excluding rural households) reached 28,761.1 billion yuan, a year-on-year increase of 3.6% (calculated on a comparable basis), of which private fixed-asset investment was 14,713.9 billion yuan, flat compared with the same period last year. On a month-on-month basis, fixed-asset investment (excluding rural households) fell 0.17% in July.

Image source: National Bureau of Statistics website

By industry, investment in the primary industry was 536.7 billion yuan, up 3.3% year on year; investment in the secondary industry was 9,845.1 billion yuan, up 12.5%; and investment in the tertiary industry was 18,379.3 billion yuan, down 0.7%.

Within the secondary industry, industrial investment rose 12.5% year on year. Of this, investment in mining grew 19.3%, investment in manufacturing grew 9.3%, and investment in the production and supply of electricity, heat, gas and water grew 23.8%.

Within the tertiary industry, infrastructure investment (excluding the production and supply of electricity, heat, gas and water) rose 4.9% year on year. Of this, investment in water conservancy management grew 28.9%, investment in air transport grew 25.5%, and investment in railway transport grew 17.2%.

By region, investment in the eastern region rose 3.2% year on year, investment in the central region rose 4.5%, investment in the western region rose 0.3%, and investment in the northeastern region rose 2.6%.

By type of registration, investment by domestic-funded enterprises rose 3.4% year on year, investment by Hong Kong, Macao and Taiwan enterprises rose 5.1%, and investment by foreign-funded enterprises fell 15.2%.

Image source: National Bureau of Statistics website