According to the data released by the National Bureau of Statistics recently, in the first eight months of this year, the national fixed assets investment (excluding farmers) was 32704.2 billion yuan, up 3.2% year on year, 0.2 percentage points lower than that from January to July. Among them, manufacturing investment increased by 5.9% year on year, 2.7 percentage points higher than all fixed assets investment. Fu Linghui, spokesperson for the National Bureau of Statistics, said that China's manufacturing industry is in the stage of structural adjustment and optimization, with some industries facing capacity adjustments and product structure upgrades. Emerging industries are developing well, with strong investment growth momentum, which has a significant supporting effect on manufacturing investment. In the first 8 months, investment in the manufacturing industry increased by 5.9% year-on-year, which is 0.2 percentage points faster than the growth rate from January to July. Among them, investment in the equipment manufacturing industry increased by 14.3%. Driven by the positive development of new energy vehicles, investment in the automotive manufacturing industry increased by 19.1% in the first eight months. Statistical data shows that investment in high-tech industries has shown a good growth trend. In the first eight months, the investment in high-tech industries increased by 11.3% year on year, 8.1 percentage points higher than the total fixed assets investment. Among them, the investment in high-tech manufacturing increased by 11.2% year-on-year, with a growth rate 5.3 percentage points higher than the investment in manufacturing; The investment in high-tech service industry increased by 11.5% year-on-year, with a growth rate of 10.6 percentage points higher than that in service industry investment. Investment in livelihood related fields continues to increase. In the first 8 months, investment in the production and supply industries of electricity, heat, gas, and water increased by 26.5%, while investment in agriculture increased by 10.4%. Recently, relevant departments have introduced a series of measures to stabilize and expand private investment, which will play a positive role in stimulating the vitality of private investment. Fu Linghui said that in the next stage, with the effective implementation of government investment and policy incentives, policies to stabilize the real estate market will gradually become effective, and the endogenous driving force for investment is expected to increase. The investment structure will continue to be optimized, which is conducive to promoting high-quality economic development. (New News Agency)
Edit：Hou Wenzhe Responsible editor：Weize
Source：Xinhua News
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