FX.co ★ China Fixed Investment Growth Below Forecasts

In the first half of 2025, China's fixed-asset investment saw a year-on-year increase of 2.8%, which fell short of the anticipated 3.7% growth. Investment in infrastructure rose by 4.6%, and the manufacturing sector experienced a 7.5% increase. Conversely, real estate investment continued its downward trend, declining by 11.2%. Analyzing by industry sector, investment in the primary industry rose by 6.5%, the secondary industry recorded a 10.2% increase, while the tertiary industry saw a 1.1% decrease. When excluding the property sector, fixed-asset investment grew by 5.1% over the January to June period. On a month-to-month basis, fixed-asset investment experienced a slight decline of 0.1%.