From January to March, China's fixed asset investment (excluding rural households) was 9,599.4 billion yuan, a year-on-year increase of 25.6 percent; it was 6.0 percent higher than that from January to march in 2019, with an average growth of 2.9 percent in two years; after seasonal adjustment, it was 2.06 percent higher than that from October to December last year. Among them, private investment in fixed assets was 5,502.2 billion yuan, up 26.0 percent year on year. On a month-on-month basis, investment in fixed assets (excluding rural households) increased by 1.51 percent in March.
By industry, the investment in the primary industry was 236.2 billion yuan, up 45.9 percent year on year; the investment in the secondary industry was 2,792.9 billion yuan, up 27.8 percent; the investment in the tertiary industry was 6,570.3 billion yuan, up 24.1 percent.
In the secondary industry, industrial investment increased by 27.8 percent year on year. Among them, the investment in mining industry increased by 20.8 percent; the investment in manufacturing industry increased by 29.8 percent; and the investment in production and supply of electricity, heat, gas and water increased by 20.0 percent.
In the tertiary industry, infrastructure investment (excluding electricity, heat, gas and water production and supply) increased by 29.7 percent year-on-year. Among them, investment in water conservancy management increased by 42.5 percent; investment in public facilities management increased by 23.5 percent; investment in road transportation increased by 25.7 percent; and investment in railway transportation increased by 66.6 percent.
By region, the investment in the eastern region increased by 23.5 percent year on year, the investment in the central region increased by 39.9 percent, the investment in the western region increased by 23.3 percent, and the investment in the northeast region increased by 19.7 percent.
According to the types of registration, the investment of domestic enterprises increased by 25.8 percent, that of Hong Kong, Macao and Taiwan enterprises increased by 32.3 percent and that of foreign enterprises increased by 11.9 percent.