China: Fixed Assets Investment (YTD Cumulative, YoY) - Secondary Industry

Macro

2026-05-18

Description

China Secondary Industry Fixed Assets Investment is released by the National Bureau of Statistics (NBS) of China and measures the total amount of fixed assets investment completed in the secondary industry sectors, including industry and construction. This indicator reflects the level of investment in infrastructure development, equipment upgrades, and production expansion within manufacturing, mining, and utilities, making it a crucial metric for assessing industrial economic activity and structural upgrades.

Growth in investment typically indicates strengthened investment activity in the industrial and construction sectors, which helps to enhance industrial competitiveness and promote economic growth. Conversely, a decrease in investment may suggest a slowdown in investment activities or weakening market demand in these sectors.

Published by
National Bureau of Statistics (Choice)
Frequency
Monthly
Next Update
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AI Data Insight

The cumulative year-over-year growth rate of China's secondary industry fixed-asset investment fell to 2.5% in Q2 2026, marking a significant contraction from the previous 5.8% in Q1 2026. On a macroeconomic level, overall fixed-asset investment unexpectedly fell into negative growth, significantly underperforming market expectations. Affected by rising raw material costs and sluggish domestic demand, manufacturing capital expenditure is expected to fluctuate at a low level in the short term.

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AI Data Insight

The cumulative year-over-year growth rate of China's secondary industry fixed-asset investment fell to 2.5% in Q2 2026, marking a significant contraction from the previous 5.8% in Q1 2026. On a macroeconomic level, overall fixed-asset investment unexpectedly fell into negative growth, significantly underperforming market expectations. Affected by rising raw material costs and sluggish domestic demand, manufacturing capital expenditure is expected to fluctuate at a low level in the short term.

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Description

China Secondary Industry Fixed Assets Investment is released by the National Bureau of Statistics (NBS) of China and measures the total amount of fixed assets investment completed in the secondary industry sectors, including industry and construction. This indicator reflects the level of investment in infrastructure development, equipment upgrades, and production expansion within manufacturing, mining, and utilities, making it a crucial metric for assessing industrial economic activity and structural upgrades.

Growth in investment typically indicates strengthened investment activity in the industrial and construction sectors, which helps to enhance industrial competitiveness and promote economic growth. Conversely, a decrease in investment may suggest a slowdown in investment activities or weakening market demand in these sectors.

Published by
National Bureau of Statistics (Choice)
Frequency
Monthly
Next Update
Hashtags