In the January-October period this year, total fixed asset investments (excluding rural households) in China amounted to RMB 44.7425 trillion ($7.03 trillion), up 10.2 percent year on year, as announced by China's National Bureau of Statistics (NBS) on November 11, with the year-on-year increase rate in question down 0.1 percentage point compared to that recorded in the January-September period of the current year. In October, fixed asset investments (excluding rural households) in China increased by 0.72 percent month on month.
In the January-October period this year, total fixed asset investment in China's mining sector amounted to RMB 1.0516 trillion ($0.17 trillion), down 8.5 percent year on year, which compares to a year-on-year decrease of 8.0 percent in the January-September period this year, while fixed asset investment in China's manufacturing sector totaled RMB 14.8458 trillion ($2.33 trillion), up 8.3 percent year on year, with this increase rate stable compared to the year-on-year increase recorded in the January-September period this year.