China's fixed-asset investment grew by 4.1 % year-on-year in the first two months of 2025, 0.9 percentage point higher than the full-year growth rate in 2024, official data showed on Monday.
According to the National Bureau of Statistics (NBS), investment in the January-February period totaled 5.2619 trillion yuan (about 734 billion U.S. dollars).
"Growth in investment in manufacturing and infrastructure construction has supported an acceleration in overall investment growth," He told on Monday at a press conference of the State Council of China, a spokesman for the NBS Fu Linghui. Fu attributes this increase to the country's efforts to support large-scale upgrading of facilities and strengthening of infrastructure that enhances the welfare of the population.
Investment in manufacturing increased by 9 % in the first two months, outpacing overall investment growth. Investment in infrastructure construction increased by 5.6 percent year-on-year in the period, accelerating by 1.2 percentage points compared to 2024, NBS data showed.
High-technology manufacturing is also gaining momentum, with investment in aerospace vehicles and equipment jumping 27.1 per cent and in computers and office equipment up 31.6 per cent.
Looking ahead, Fu said China's manufacturing sector is poised for further expansion. Accelerated industrial upgrading, breakthrough technological innovations and strong government support are expected to drive further investment growth.
Excluding the real estate sector, investment in fixed assets in the country rose by 8.4 per cent in the first two months.
Retail sales of consumer goods, a key indicator of the country's consumption strength, rose 4 percent year-on-year in the first two months to exceed 8.37 trillion yuan (about $1.17 trillion).
According to the NBS, retail sales of consumer goods excluding automobiles reached more than 7.68 trillion yuan and recorded a year-on-year growth of 4.8 %.
According to the statistical results, industrial production grew rapidly in January and February this year, with the value added of industrial enterprises above a certain size in China growing by 5.9 % year-on-year and accelerating by 0.1 percentage point compared with the whole of the previous year. Market sales growth accelerated, with total retail sales of consumer goods reaching 8,373.1 billion yuan, a year-on-year increase of 4.0 %, 0.5 percentage point faster than the previous year.
Overall, from January to February, with the continued effectiveness of various macroeconomic policies, the national economy continued to move towards a new positive trend and the quality of development steadily improved.
CMG/ gnews.cz - RoZ
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