China Fixed Investment Growth Below Forecasts

2025-07-15 02:08 By Judith Sib-at 1 min. read

China’s fixed-asset investment rose by 2.8% year-on-year in the first half of 2025, coming in below market forecasts of a 3.7% growth.

Investment in infrastructure increased by 4.6%, while that in manufacturing grew by 7.5%.

However, real estate investment declined further, falling 11.2%.

By industry, investment in the primary industry was up by 6.5%, the secondary industry increased by 10.2%, while the tertiary industry dropped by 1.1%.

Excluding the property sector, fixed-asset investment rose by 5.1% in the January–June period.

On a monthly basis, fixed-asset investment decreased by 0.1%.

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