In the January-February period this year, total fixed asset investments (FAI) (excluding rural households) in China amounted to RMB 4.5236 trillion ($0.7 trillion), up 35.0 percent year on year, while up 3.5 percent compared to the first two months of 2019, as announced by China's National Bureau of Statistics (NBS).
In the given period, total FAI in China's infrastructure rose by 36.6 percent year on year, 35.7 percentage points faster than the increase recorded in the same period last year.
Total investments made in the property market increased by 38.3 percent year on year in the January-February period this year.
Investments in China's mining sector and manufacturing sector in the first two months rose by 15.8 percent and 37.3 percent year on year, respectively, shifting from year-on-year declines of 14.1 percent and 2.2 percent recorded in the same period of 2020.