National Bureau of Statistics: Fixed asset investment in the whole society is expected to reach 49,110.9 billion yuan in 2025, a decrease of 3.9% compared to the previous year.

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The National Bureau of Statistics released the 2025 National Economic and Social Development Statistical Bulletin. In 2025, the total social fixed asset investment was 49,110.9 billion yuan, a decrease of 3.9% compared to the previous year. Fixed asset investment (excluding rural households) was 48,518.6 billion yuan, down 3.8%.

Regionally, among fixed asset investments (excluding rural households), investment in the eastern region decreased by 8.4%, the central region by 2.7%, the western region by 1.3%, and the northeastern region by 15.5%.

In fixed asset investment (excluding rural households), the primary industry investment was 9,570 billion yuan, an increase of 2.3%; the secondary industry investment was 177,368 billion yuan, up 2.5%; and the tertiary industry investment was 298,248 billion yuan, down 7.4%. Infrastructure investment declined by 2.2%. Social sector investment decreased by 8.5%. Private investment fell by 6.4%, and private projects excluding real estate development decreased by 1.9%.

By sector, private investment in manufacturing decreased by 0.2%, while private investment in infrastructure increased by 1.7%. (People’s Financial News)

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