基建行业月度数据跟踪：2024年10月份中国基建行业数据及简评

Investment Data Overview - In October 2024, China's fixed asset investment maintained a year-on-year growth of 3.4%[2] - Private fixed asset investment showed a slight decline, with a year-on-year change of -0.3%[2] - The real estate sector continued to struggle, with a year-on-year decrease of -10.3%[2] - The electricity, heat, gas, and water production and supply industry performed the best, with a year-on-year contraction of only 24.1%[2] Regional and Sectoral Insights - Investment in Northeast and Northwest regions fell to 1.8% and 3.2% year-on-year, respectively[2] - Central and Western regions saw investment growth, with year-on-year increases of 4.6% and 1.1%[2] - New construction investment decreased by -1.4% year-on-year, while expansion investment surged by 39.3%[2] - Reconstruction investment also saw a decline, with a year-on-year change of -2.7%[2] Machinery Sales Performance - In October 2024, excavator sales in China increased by 15.1% year-on-year and 6.1% month-on-month[2] - Domestic excavator sales are recovering rapidly, while export volumes are showing a slow recovery, indicating a gradual industry rebound[2]