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Investment in manufacture of chemical raw materials and products increased 63.2% in Jan and Feb Comefrom:CCIN    AddDate:2021-03-17    Hit:2498

China's fixed asset investment (excluding rural households) rose 35.0% year on year, reaching 4523.6 billion yuan in January and February, according to data released by the National Bureau of Statistics on March 15. Of this, private investment in fixed assets was 2618.3 billion yuan, up 36.4% year on year.

Manufacturing investment rose 37.3% in January and February from a year earlier. Investment in the manufacturing of raw materials increased by 50.9%, of which the investment in ferrous metal smelting and rolling processing industry increased by 85.6%, and the investment in the manufacturing of chemical raw materials and chemical products increased by 63.2%. Investment in equipment manufacturing increased by 38.1% and consumer goods manufacturing increased by 38.7%.

By industry, the investment in primary industry was 103.7 billion yuan, up 61.3% year on year. Investment in the secondary industry reached 1219 billion yuan, up 34.1%. The investment in the tertiary industry was 3200.9 billion yuan, up 34.6%.

In the secondary industry, industrial investment increased by 34.1% year on year. Among them, mining investment increased by 15.8%; Investment in manufacturing grew by 37.3%; Investment in the production and supply of electricity, heat, gas and water grew by 25.5%.

In the tertiary sector, infrastructure investment (excluding electricity, heat, gas and water production and supply) increased by 36.6% year on year. Among them, investment in water conservancy management industry increased by 47.2%; Investment in public facilities management industry increased by 42.3%; Investment in road transportation increased by 30.7%; Investment in railway transportation increased by 52.9%.

By region, investment in the eastern region grew by 36.2% year on year. Investment in the central region increased by 49.4%; Investment in the western region increased by 36.5%; Investment in northeast China increased by 26.4%.