中国固定資産投資 前年同期比0.3％減 2020年1～8月
Despite the overall decline, the primary industry recorded an 11.5% y/y increase from January to August
China’s fixed asset investment declined by 0.3% y/y in the first eight months of 2020. Despite the overall decline, the primary industry recorded an 11.5% y/y increase from January to August. China’s tertiary industry also saw an increase, albeit a more modest one: 1.4% y/y. The secondary industry, however, declined by 4.8% y/y from January to August.
Further breakdown of the secondary industry indicator shows that fixed asset investment in the manufacturing dropped by 8.1% y/y while investment in the mining industry declined by 9.5% y/y.
Further data and analysis on China’s economy is available on the CEIC China Economy in a Snapshot – Q3 2020 report.