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China Investment September 2020

China: Nominal fixed investment returns to growth in January-September

Nominal urban fixed asset investment expanded 0.8% terms in January-September, which contrasted the 0.3% decrease in the first eight months of the year. The figure marked the best result since December 2019 and was slightly below the 0.9% increase that market analysts had expected

The reading reflected a broad-based upturn, with activity in the tertiary sector, secondary sector and primary sector sub-sectors all improving in September.

On a monthly basis, nominal urban fixed asset investment increased 3.4% in seasonally-adjusted terms in September, which was below August’s 3.8% expansion.

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