FAI 2020

The Fixed-asset Investment (FAI) includes capital spent on infrastructure, property, machinery and other physical assets.

From January to September, China's investment in fixed assets (excluding rural households) reached 43,653 billion yuan ($6,530.49 billion), an increase of 0.8 percent year-on-year, and a decrease of 0.3 percent from January to August. Among them, the investment in private fixed assets was 24,399.8 billion yuan, down 1.5 percent, 1.3 percentage points lower than that from January to August. In terms of month on month rate, fixed asset investment (excluding rural households) increased by 3.37 percent in September.

In terms of industries, the investment in the primary industry was 1,165.3 billion yuan, up 14.5 percent year-on-year, 3.0 percentage points higher than that from January to August; the investment in the secondary industry was 12,508.4 billion yuan, down 3.4 percent, and the decline rate was narrowed by 1.4 percentage points; the investment in the tertiary industry was 29,979.3 billion yuan, an increase of 2.3 percent and the growth rate increased by 0.9 percentage point.

In the second industry, industrial investment fell 3.3 percent year on year, and the decrease rate narrowed 1.2 percentage points from January to August. Among them, the investment in mining industry fell 9.5 percent, which was the same as that from January to August; the investment in manufacturing industry decreased by 6.5 percent, and the decline was 1.6 percentage points narrower; the investment in power, heat, gas and water production and supply industry increased 17.5 percent, and the growth rate fell by 0.9 percentage point.

In the tertiary industry, infrastructure investment (excluding power, heat, gas and water production and supply) increased by 0.2 percent year-on-year, and decreased by 0.3 percent in that from January to August. Among them, investment in railway transportation industry increased by 4.5 percent, 1.9 percentage points lower than that from January to August; investment in road transportation industry increased by 3.0 percent, 0.1 percentage point higher; investment in water conservancy management industry increased by 0.9 percent, with a decrease rate of 0.3 percentage point lower; investment in public facilities management industry decreased by 3.3 percent, with a decrease rate of 0.6 percentage point narrower.

In terms of regions, the investment in the eastern region increased by 2.5 percent year-on-year, 0.7 percentage points higher than that from January to August; the investment in the central region decreased by 4.3 percent and the decline rate narrowed by 2.0 percentage points; the investment in the western region and Northeast China increased by 3.3 and 2.9 percent respectively, and the growth rate increased by 0.6 and 0.7 percentage points respectively.

According to the type of registration, the investment of domestic enterprises increased by 0.7 percent year-on-year, and decreased by 0.5 percent from January to August; the investment of Hong Kong, Macao and Taiwan enterprises increased by 4.9 percent, 0.4 percentage point higher than that from January to August; and the investment of foreign enterprises increased by 5.3 percent and the growth rate was 1.5 percentage points higher.