China Investment


Investment growth weakens further in October

In the first 10 months of the year, urban fixed-asset investment excluding rural households (FAI) rose 20.1% over the same period last year (September: +20.2% year-on-year). The figure came in slightly below market expectations of a 20.2% increase. The result mostly reflected the deceleration in the primary and services sectors, which offset stronger growth in industrial output.

A month-on-month comparison shows that investment in urban fixed assets rose a seasonally-adjusted 1.43% in October, overshooting the 1.34% increase tallied in September.

The government set a growth target of 18.0% for fixed-asset investment in 2013. FocusEconomics Consensus Forecast participants expect fixed-asset investment to grow 20.4% in 2013, which is unchanged from last month's Consensus. In 2014, the panel sees fixed-asset investment growing 20.1%, which is also unchanged from last month's projection.

Sample Report

Looking for forecasts related to Investment in China? Download a sample report now.


China Investment Chart

China Investment October 2013

Note: Month-on-month changes of seasonally adjusted urban fixed-asset investment index and annual growth rate (year-to-date) in %. Owing to seasonal factors related to the Lunar New Year, annual figures in January and February are reported together.
Source: National Bureau of Statistics of China (NBS).

China Economic News

More news

Search form