国家统计局：2025年全年全国固定资产投资（不含农户）485186亿元

Core Insights - The total fixed asset investment in China for 2025 is projected to be 48,518.6 billion yuan, reflecting a decrease of 3.8% compared to the previous year [1] - Excluding real estate development investment, the overall fixed asset investment has decreased by 0.5% [1] Investment Breakdown - Infrastructure investment has declined by 2.2% [1] - Manufacturing investment has seen a slight increase of 0.6% [1] - Real estate development investment has significantly decreased by 17.2% [1] Real Estate Market - The sales area of newly built commercial housing reached 88,101 million square meters, down by 8.7% [1] - The sales revenue from newly built commercial housing amounted to 83,937 billion yuan, a decline of 12.6% [1] Sector Performance - Investment in the primary industry has increased by 2.3% [1] - Investment in the secondary industry has grown by 2.5% [1] - Investment in the tertiary industry has decreased by 7.4% [1] Private Investment Trends - Private investment has decreased by 6.4% [1] - Excluding real estate development investment, private investment has declined by 1.9% [1] High-Tech Industry - In high-tech industries, investment in information services has surged by 28.4% [1] - Investment in aerospace and aircraft manufacturing has increased by 16.9% [1] Monthly Trends - In December, fixed asset investment (excluding rural households) experienced a month-on-month decline of 1.13% [1]