民间投资为何持续下滑？国家统计局回应

Core Insights - The growth rate of private investment in China has been negative for three consecutive months, with a decline of 2.3% year-on-year from January to August [2][5] - The overall fixed asset investment (excluding rural households) increased by only 0.5% year-on-year during the same period [2] Private Investment Trends - Real estate development investment, which constitutes a significant portion of private investment, decreased by 16.7%, dragging down the overall private investment growth by 4.5 percentage points [5] - Excluding real estate development, private project investment grew by 3% year-on-year, outpacing the overall investment growth [5] Manufacturing Sector Performance - Private investment in the manufacturing sector increased by 4.2% year-on-year, representing 40.6% of total private investment, which is an increase from previous periods [5] - Among 31 major manufacturing industries, 16 experienced double-digit growth, with notable increases in automotive manufacturing (22.6%) and transportation equipment manufacturing (16.2%) [5] High-Tech and Emerging Industries - Private investment in high-tech industries showed significant growth, with information services up by 26.7% and professional technical services up by 17.6% year-on-year [5] Infrastructure Investment - Private investment in infrastructure rose by 7.5% year-on-year, exceeding the overall infrastructure investment growth by 5.5 percentage points [6] - Notable growth was observed in the electricity, gas, and water production and supply sectors, which saw a 23.5% increase [6] Policy and Future Outlook - The implementation of the "Private Economy Promotion Law" signals strong support for private investment, enhancing the investment environment and encouraging participation in major national projects [7] - The resilience and adaptability of private enterprises are highlighted as key factors for future investment growth, with a focus on high-quality development and innovation in green and future industries [7]