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China’s FAI increases by four percent in January-May

Tuesday, 18 June 2024 10:31:10 (GMT+3)   |   Shanghai
       

In the January-May period this year, total fixed asset investments (FAI) (excluding rural households) in China amounted to RMB 18.8006 trillion ($2.6 trillion), up 4.0 percent year on year, as announced by China's National Bureau of Statistics (NBS). 

In the first five months this year, total FAI in China's infrastructure rose by 5.7 percent year on year. Fixed asset investments in China's mining sector and manufacturing sector in the given period increased by 17.7 percent and 9.6 percent year on year, respectively.  

In May alone, fixed asset investments (FAI) in China declined by 0.04 percent month on month.


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