BEIJING, Nov. 15 (Xinhua) -- China's fixed-asset investment went up 2.9 percent year on year to about 41.94 trillion yuan (about 5.85 trillion U.S. dollars) in the first ten months of 2023, data from the National Bureau of Statistics showed Wednesday.
During the period, fixed-asset investment in the manufacturing sector rose 6.2 percent year on year, according to the bureau.
Fixed asset investment from the private sector stood at around 21.59 trillion yuan, down 0.5 percent year on year.
Investment in infrastructure construction increased 5.9 percent from the same period last year. In particular, investment in railway transportation expanded 24.8 percent.
The country's eastern region led fixed-asset investment growth by registering a 4.9 percent rise year on year during the period, while the central, western and northeastern parts of the country saw fixed-asset investment decrease by 0.1 percent, 0.5 percent, and 3.5 percent, respectively.
Fixed-asset investment stemming from foreign firms grew 0.9 percent year on year in the January-October period, compared to the 3.2 percent growth recorded for domestic enterprises.
In October alone, fixed-asset investment grew 0.1 percent compared with the previous month, data from the bureau showed.
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