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Economy

China's fixed-asset investment up 5.1 pct in 2022

January 18, 2023


Abstract : China's fixed-asset investment saw a steady expansion in 2022, data from the National Bureau of Statistics (NBS) showed Tuesday.

Photo taken on June 7, 2022 shows the construction site of the Lingdingyang Bridge, one of the key projects of the Shenzhen-Zhongshan highway link, in south China's Guangdong Province. (Xinhua/Deng Hua)

BEIJING, Jan. 17 (Xinhua) -- China's fixed-asset investment saw a steady expansion in 2022, data from the National Bureau of Statistics (NBS) showed Tuesday.

Last year, the fixed-asset investment rose 5.1 percent year on year to over 57.21 trillion yuan (about 8.51 trillion U.S. dollars), according to the NBS.

In December alone, the fixed-asset investment increased 0.49 percent month on month.

Investment in infrastructure and manufacturing climbed 9.4 percent and 9.1 percent from a year earlier in 2022, respectively. Investment in property development fell 10 percent year on year.

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Keyword: fixed-asset investment

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