China's fixed-asset investment down 7.2% in first eight months

BEIJING -- China's fixed-asset investment dropped 7.2 percent year-on-year in the first eight months of 2026, official data showed Tuesday.

Investment totaled around 29.3 trillion yuan ($4.33 trillion) during this period, the National Bureau of Statistics (NBS) said in a statement.

Excluding the property sector, the country's fixed-asset investment decreased by 4.2 percent in the first eight months of the year.

Notably, investment in intellectual property products rose by 9.2 percent year-on-year.

Investment in high-tech industries rose 5.2 percent year-on-year. In particular, investment in information service industry, aerospace and spacecraft manufacturing, and electronic and communication equipment manufacturing increased by 22.7 percent, 14.9 percent, and 6.9 percent, respectively, in the first eight months.

By industry, investment in the primary industry decreased by 2.4 percent year-on-year, that in the secondary industry was down by 2.9 percent, and that in the tertiary industry down by 9.9 percent.

In terms of sectors, the investment in infrastructure declined by 4 percent year-on-year, that in manufacturing was down by 2.3 percent, and that in real estate development declined by 19.9 percent.