National Bureau of Statistics: national fixed asset investment (excluding farmers) increased by 9.3% from January to March 2022

From January to March, China's fixed asset investment (excluding farmers) totaled 10.4872 trillion yuan, an increase of 9.3 percent over the same period last year. Of this total, private investment in fixed assets totaled 5.9622 trillion yuan, an increase of 8.4 percent over the same period last year. On a month-on-month basis, fixed asset investment (excluding farmers) increased by 0.61% in March.

In terms of sub-industries, the investment in the primary industry was 252.2 billion yuan, up 6.8 percent over the same period last year; the investment in the secondary industry was 3.2428 trillion yuan, up 16.1 percent; and the investment in the tertiary industry was 6.9923 trillion yuan, up 6.4 percent.

In the secondary industry, industrial investment increased by 16.3% compared with the same period last year. Of this total, investment in the mining industry increased by 19.0%, investment in the manufacturing industry increased by 15.6%, and investment in power, heat, gas and water production and supply increased by 19.3%.

In the tertiary industry, infrastructure investment (excluding electricity, heat, gas and water production and supply) increased by 8.5% compared with the same period last year. Of this total, investment in water conservancy management increased by 10.0%, investment in public facilities management increased by 8.1%, investment in road transport increased by 3.6%, and investment in railway transport decreased by 2.9%.

From a regional perspective, investment in the eastern region increased by 9.5% compared with the same period last year, investment in the central region increased by 14.4%, investment in the western region increased by 11.3%, and investment in the northeast region decreased by 1.4%.

According to the type of registration, investment by domestic enterprises increased by 9.3% over the same period last year, investment by Hong Kong, Macao and Taiwan enterprises increased by 9.0%, and investment by foreign enterprises increased by 5.5%.

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