Fixed asset investment (excluding rural households) across China stood at 10.73 trillion yuan in Q1 2023, up 5.1% YoY, but down 0.25% on a quarterly basis.
Among them, fixed asset investment in private sector stood at 5.85 trillion yuan, up 0.6% YoY.
Investment in real estate development across China stood at 2.6 trillion yuan in Q1 2023, a year-on-year decrease of 5.8%. This includes 1.98 trillion yuan investment in residential real estate, down 4.1% YoY.
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