SHANGHAI :
China’s Fixed-Asset Investment Fell 0.3% in First Eight Months
Liao Shumin
DATE:  Sep 15 2020
/ SOURCE:  Yicai
China’s Fixed-Asset Investment Fell 0.3% in First Eight Months China’s Fixed-Asset Investment Fell 0.3% in First Eight Months

(Yicai Global) Sept.15 -- China's fixed-asset investment fell 0.3 percent annually to CNY37.9 trillion (USD5.57 trillion) in the first eight months in a decline that narrowed by 1.3 percentage points from the first seven months, official data released today show.

Fixed-asset investment jumped 4.18 percent in August from July.

Investment from domestic enterprises dropped by 0.5 percent yearly for the first eight months in a 1.3 percentage-point decline from January to July. Investment from companies in Hong Kong, Macau and Taiwan grew 4.5 percent yearly, expanding by 3 percentage points. Outlays from foreign enterprises rose 3.8 percent per year in growth that climbed 0.3 percentage points.

Editor: Ben Armour

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Keywords:   Fixed-Asset Investment