The National Bureau of Statistics recently released data showing that in the first eight months of this year, the national fixed assets investment (excluding farmers) was 3270.42 billion yuan, an increase of 3.2% over the same period last year, and the growth rate dropped by 0.2 percentage points from January to July. Among them, manufacturing investment increased by 5.9% year-on-year, 2.7 percentage points higher than total fixed asset investment. Fu Linghui, a spokesman for
the National Bureau of Statistics, said that China's manufacturing industry is in the stage of structural adjustment and optimization, and some industries are facing capacity adjustment and product structure upgrading, while emerging industries are developing better, with strong investment growth momentum, which plays an obvious supporting role in manufacturing investment. In the first eight months, manufacturing investment grew by 5.9% year-on-year, and the growth rate was 0.2 percentage points faster than that from January to July. Among them, investment in equipment manufacturing industry increased by 14.3%. Driven by the development of new energy vehicles, investment in automobile manufacturing increased by 19.1% in the first eight months. Statistics
show that investment in high-tech industries is growing well. In the first eight months, investment in high-tech industries grew by 11.3% year-on-year, 8.1 percentage points higher than total investment in fixed assets. Among them, the investment in high-tech manufacturing industry increased by 11.2% year-on-year, 5.3 percentage points higher than that in manufacturing industry; the investment in high-tech service industry increased by 11.5% year-on-year, 10.6 percentage points higher than that in service industry. Investment in areas related to
people's livelihood continued to increase. In the first eight months, investment in the production and supply of electricity, heat, gas and water increased by 26.5%, and investment in agriculture increased by 10.4%.
"Recently, relevant departments have introduced a series of measures to stabilize and expand private investment, which will play a positive role in stimulating the vitality of private investment." Fu Linghui said that in the next stage, with the effective play of government investment and policy incentives, the policy of stabilizing the real estate market is gradually effective, the endogenous power of investment is expected to increase, and the investment structure will continue to optimize, which is conducive to promoting high-quality economic development. Investment in
fixed assets is the key to stimulating cement demand. Since this year, affected by the decline in the growth rate of real estate investment, the domestic demand for cement is insufficient, the market continues to be depressed, and the growth rate of fixed assets investment is steady, which is expected to provide support for the demand for cement in the later period.
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