From January to May, China's fixed asset investment (excluding rural households) was 19,391.7 billion yuan, up 15.4 percent year on year; It was 8.5 percent higher than that from January to May in 2019, with an average growth of 4.2 percent in two years. Among them, private investment in fixed assets was 11,247.2 billion yuan, up 18.1 percent year on year. On a month-on-month basis, investment in fixed assets (excluding rural households) increased by 0.17 percent in May.
By industry, the investment in the primary industry was 496.1 billion yuan, up 28.7 percent year on year; the investment in the secondary industry was 5,757 billion yuan, an increase of 18.1 percent; the investment in the tertiary industry was 13,138.6 billion yuan, an increase of 13.8 percent.
In the secondary industry, industrial investment increased by 18.1 percent year on year. Among them, the investment in mining industry increased by 13.9 percent; investment in manufacturing increased by 20.4 percent; investment in the production and supply of electricity, heat, gas and water increased by 7.3 percent.
In the tertiary industry, infrastructure investment (excluding electricity, heat, gas and water production and supply) increased by 11.8 percent year-on-year. Among them, investment in water conservancy management increased by 15.4 percent; investment in public facilities management increased by 8.7 percent; the investment in road transportation industry increased by 10.6 percent; the investment in railway transportation industry increased by 7.1 percent.
By region, the investment in the eastern region increased by 14.9 percent year on year; investment in the central region increased by 25.2 percent; investment in the western region increased by 14.5 percent; and the investment in northeast China increased by 12.0 percent.
According to the types of registration, the investment of domestic enterprises increased by 15.3 percent year on year; the investment of enterprises from Hong Kong, Macao and Taiwan increased by 24.6 percent; and the investment of foreign enterprises increased by 10.0 percent.