Core Insights - The National Bureau of Statistics reported a decline in national fixed asset investment (excluding rural households) to 48,518.6 billion yuan in 2025, a decrease of 3.8% compared to the previous year [1] - Excluding real estate development investment, national fixed asset investment fell by 0.5% [1] Investment by Sector - Infrastructure investment decreased by 2.2% [1] - Manufacturing investment saw a slight increase of 0.6% [1] - Real estate development investment experienced a significant decline of 17.2% [1] Real Estate Market - The sales area of newly built commercial housing reached 88,101 million square meters, down 8.7% [1] - The sales value of newly built commercial housing was 83,937 billion yuan, a decrease of 12.6% [1] Investment by Industry - First industry investment grew by 2.3% [1] - Second industry investment increased by 2.5% [1] - Third industry investment declined by 7.4% [1] - Private investment fell by 6.4%, and when excluding real estate development investment, private investment decreased by 1.9% [1] High-tech Industry - In high-tech industries, investment in information services and aerospace equipment manufacturing grew by 28.4% and 16.9%, respectively [1] Monthly Trends - In December, fixed asset investment (excluding rural households) decreased by 1.13% month-on-month [1]
国家统计局：2025年全国固定资产投资（不含农户）485186亿元，比上年下降3.8%
Zheng Quan Shi Bao Wang·2026-01-19 02:13