BEIJING, March 16 (Xinhua) — China’s fixed-asset investment went up 1.8 percent year on year in the first two months of 2026, reversing the 3.8-percent decline recorded for the whole of last year, data from the National Bureau of Statistics (NBS) showed Monday.
Nationwide fixed-asset investment excluding rural households totaled 5.2721 trillion yuan (about 763.4 billion U.S. dollars) during the period. Excluding real estate development investment, fixed-asset investment increased 5.2 percent.
By sector, infrastructure investment rose 11.4 percent year on year, while manufacturing investment increased 3.1 percent. Real estate development investment fell 11.1 percent, continuing to weigh on overall investment growth.
In the property market, the floor area of newly built commercial housing sold totaled 92.93 million square meters, down 13.5 percent from a year earlier. The value of new home sales reached 818.6 billion yuan, marking a 20.2-percent decline.
Breaking down investment by industry, primary industry investment rose 17.4 percent year on year, secondary industry investment increased 5.4 percent, while tertiary industry investment edged down 0.4 percent.
Private-sector investment dropped 2.6 percent year on year, but the decline narrowed by 3.8 percentage points compared with last year’s full-year decline. Excluding real estate development investment, private investment grew 1 percent.
Investment in high-tech industries expanded 5.1 percent year on year, with particularly strong growth in several segments. Investment in aerospace equipment manufacturing, research and design services, and information services increased 20.2 percent, 20.6 percent, and 16.5 percent, respectively.
Fixed-asset investment includes capital spent on infrastructure, property, machinery and other physical assets. ■
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