FAI increased by 4.5% during January to March, y-o-y

During January to March, total domestic fixed asset investment (FAI) was RMB10.042 trillion, up by 4.5% y-o-y. For primary industry, FAI was RMB180.4bn, up by 1.0% y-o-y. For secondary and tertiary industries, FAI rose by 13.4% and 0.8% y-o-y to RMB3321.3bn and RMB6502.5bn respectively during January to March.

The investment in infrastructure excluding power increased by 6.5% y-o-y during January to March. The investment in the east, central, west and northeast of China increased by 5.7%, 4.1%, 1.4% and 9.6% y-o-y respectively during January to March.

In real estate, the investment decreased by 9.5% y-o-y to RMB2208.2bn during January to March, and total area of buildings under construction decreased by 11.1% y-o-y to 6.78501bn square meters during January to March.