FX.co ★ China Fixed Investment Rises Slightly More than Expected

In the first quarter of 2025, China's fixed-asset investment experienced a moderate growth of 4.2% compared to the same period last year, slightly surpassing market expectations and the 4.1% increment observed in the previous month. This growth spanned all major sectors: the primary industry saw a significant 16% increase, the secondary industry experienced an 11.9% rise, while the tertiary industry recorded a marginal uptick of 0.1%. Additionally, infrastructure and manufacturing investments expanded by 5.8% and 9.1%, respectively. Contrasting this upward trend, real estate investment continued its decline, dropping by 9.9%. Omitting the property sector, fixed-asset investment grew by 8.3% during the first three months of the year. On a monthly scale, fixed-asset investment recorded a 0.15% increase.