China's Fixed-asset Investment Rose 3.3 Percent Year on Year in The First 11 Months of 2024
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China's Fixed-asset Investment Rose 3.3 Percent Year on Year in The First 11 Months of 2024

Views: 0     Author: Site Editor     Publish Time: 2024-12-20      Origin: Site

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China's fixed-asset investment rose 3.3 percent year on year in the first 11 months of 2024, official data showed Monday.

The investment totaled 46.5839 trillion yuan (about 6.48 trillion U.S. dollars) during the period, the National Bureau of Statistics (NBS) said in a statement.

Investment in infrastructure construction rose 4.2 percent from a year ago during the January-November period, and manufacturing investment increased 9.3 percent, according to the NBS.

As the country's pro-growth measures gradually took effect, domestic demand has expanded, boosting industrial production and market confidence, NBS spokesperson Fu Linghui said at a press conference.


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