Core Insights - National fixed asset investment (excluding rural households) reached 444,035 billion yuan from January to November 2025, showing a year-on-year decline of 2.6% [1] - Private fixed asset investment decreased by 5.3% year-on-year [1] - In November, fixed asset investment (excluding rural households) fell by 1.03% month-on-month [1] Investment by Industry - Investment in the primary industry was 8,770 billion yuan, with a year-on-year growth of 2.7% [3] - Investment in the secondary industry totaled 162,243 billion yuan, increasing by 3.9% [3] - Investment in the tertiary industry was 273,022 billion yuan, experiencing a decline of 6.3% [3] Secondary Industry Breakdown - Industrial investment in the secondary industry grew by 4.0% year-on-year [4] - Mining investment increased by 4.0%, while manufacturing investment rose by 1.9% [4] - Investment in the electricity, heat, gas, and water production and supply industry surged by 10.7% [4] Tertiary Industry Insights - Infrastructure investment (excluding electricity, heat, gas, and water production and supply) in the tertiary industry decreased by 1.1% year-on-year [4] - Pipeline transportation investment grew by 16.8%, water transportation investment increased by 8.9%, and railway transportation investment rose by 2.7% [4] Regional Investment Trends - Eastern region investment declined by 6.6% year-on-year [4] - Central region investment fell by 1.7% [4] - Western region investment decreased by 0.2% [4] - Northeastern region investment saw a significant decline of 14.0% [4] Investment by Registration Type - Domestic enterprise fixed asset investment decreased by 2.6% year-on-year [4] - Investment from Hong Kong, Macau, and Taiwan enterprises fell by 2.2% [4] - Foreign enterprise fixed asset investment experienced a substantial decline of 14.1% [4]
国家统计局：1—11月全国固定资产投资444035亿元 同比下降2.6%
Guo Jia Tong Ji Ju·2025-12-15 02:13