FAI 2020

China's fixed asset investment grew steadily by 2.9 percent year-on-year in 2020 with high-tech and social sector leading growth in particular, the National Bureau of Statistics said.

The country's total fixed asset investment amounted to 51.89 trillion yuan in 2020. Investment saw a 0.9 percent growth in basic infrastructure sector yet declined by 2.2 percent in the manufacturing sector, NBS announced.

Investment in the real estate sector grew by 7 percent compared with the 2019 level.

Growth of investment in agricultural, tertiary and service sector all turned positive last year. In particular, investment in high-tech industries grew by 10.6 percent year-on-year, 7.7 percentage points above the overall level.

The amount of investment from China's private sector reached about 28.93 trillion yuan, up by 1 percent year-on-year.