In 2012, total fixed asset investment in China (excluding rural households) amounted to RMB 36.4835 trillion ($5.8 trillion), up 20.6 percent year on year, according to the figures released by China’s National Bureau of Statistics. The year-on-year growth rate in question was down just 0.1 percentage point compared to that recorded for the January-November period of the same year. Meanwhile, China’s total fixed asset investment indicated a month-on-month increase of 1.53 percent in December.
In 2012, China’s industrial fixed asset investment was RMB 15.4636 trillion ($2.5 trillion), up 20 percent year on year. Meanwhile, fixed asset investment in China’s manufacturing sector last year amounted to RMB 12.4791 trillion ($2.0 trillion), increasing by 22 percent year on year.
Also in 2012, fixed asset investment in China’s iron and steel sector decreased by two percent year on year to RMB 505.5 billion ($81 billion), while this growth rate was down 4.7 percentage points compared to that recorded for the first 11 months of the year.
