In the January-July period this year, total fixed asset investments (excluding rural households) in China amounted to RMB 28.8469 trillion ($4.51 trillion), up 11.2 percent year on year, as announced by China's National Bureau of Statistics (NBS) on August 12, with the year-on-year increase rate in question 0.2 percentage points lower than that recorded in the January-June period of the current year. In July, fixed asset investments (excluding rural households) in China increased by 0.75 percent month on month.
In the first seven months of the current year, total fixed asset investment in China's mining sector amounted to RMB 666.5 billion ($104.14 billion), down 6.5 percent year on year, which compares to a year-on-year decrease of 7.7 percent in the January-June period this year, while fixed asset investment in China's manufacturing sector totaled RMB 9.6755 trillion ($1.51 trillion), up 9.2 percent year on year, down 0.5 percentage points compared to the year-on-year increase recorded in the first six months this year.