Investment in Fixed Assets in 2023

In 2023, the investment in fixed assets (excluding rural households) nationwide was 50,303.6 billion yuan, up by 3.0 percent over the previous year (calculated on comparable basis, see Annotation 7 for details), with a growth rate of 0.1 percentage point faster than that from January to November, of which the investment in manufacturing increased by 6.5 percent, with a growth rate up by 0.2 percentage point; that in infrastructure (excluding the production and supply of electricity, heat power, gas and water) increased by 5.9 percent, with a growth rate up by 0.1 percentage point. On a month-on-month basis, the investment in fixed assets (excluding rural households) increased by 0.09 percent in December. In 2023, the non-governmental investment in fixed assets (excluding rural households) was 25,354.4 billion yuan, down by 0.4 percent over the previous year, with a decline of 0.1 percentage point narrower than that from January to November.

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