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FAI in China up 5.5 percent in January-February

Thursday, 16 March 2023 10:20:48 (GMT+3)   |   Shanghai
       

In the January-February period this year, total fixed asset investments (FAI) (excluding rural households) in China amounted to RMB 5.3577 trillion ($0.78 trillion), up 5.5 percent year on year, as announced by China's National Bureau of Statistics (NBS). In February alone, FAI in China increased by 0.72 percent month on month.

In the given period, total FAI in China's infrastructure rose by 9.0 percent year on year.  

Investments in China's mining sector and manufacturing sector in the period in question rose by 5.6 percent and 8.1 percent year on year, respectively.


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