China’s Fixed Asset Investment Declines 0.5% in First Three Quarters

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Beijing: China's fixed-asset investment decreased by 0.5 percent year on year in the first three quarters of 2025, according to data from the National Bureau of Statistics (NBS) released Monday. The total investment during this period reached 37.15 trillion yuan, equivalent to approximately 5.23 trillion U.S. dollars.

According to Namibia Press Agency, the decline was primarily influenced by weak real estate investment. When excluding the property sector, project investment saw a rise of 3 percent compared to the previous year. The manufacturing sector witnessed a 4 percent increase in investment, with consumer goods manufacturing up by 6.3 percent and equipment manufacturing seeing a smaller rise of 1.6 percent. Notably, investment in the production and supply of electricity, heat, gas, and water experienced a substantial growth of 15.3 percent.

Infrastructure investment exhibited a modest growth of 1.1 percent year on year during the first three quarters. Investment in the internet and related services surged by 20.6 percent, while spending on water and railway transport increased by 12.8 percent and 4.2 percent, respectively. Private investment in infrastructure rose by 7 percent, constituting 20 percent of the total infrastructure investment, marking an increase of 1.1 percentage points from the previous year.