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China's fixed-asset investment up 5.1 pct in 2022

(Xinhua) 14:40, January 17, 2023

Photo taken on June 7, 2022 shows the construction site of the Lingdingyang Bridge, one of the key projects of the Shenzhen-Zhongshan highway link, in south China's Guangdong Province. (Xinhua/Deng Hua)

BEIJING, Jan. 17 (Xinhua) -- China's fixed-asset investment saw a steady expansion in 2022, data from the National Bureau of Statistics (NBS) showed Tuesday.

Last year, the fixed-asset investment rose 5.1 percent year on year to over 57.21 trillion yuan (about 8.51 trillion U.S. dollars), according to the NBS.

In December alone, the fixed-asset investment increased 0.49 percent month on month.

Investment in infrastructure and manufacturing climbed 9.4 percent and 9.1 percent from a year earlier in 2022, respectively. Investment in property development fell 10 percent year on year.

(Web editor: Zhang Kaiwei, Liang Jun)

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