From the perspective of fixed assets investment, domestic fixed assets investment (excluding peasant households) reaches 30920.8 billion CNY from January to September, 2013, nominally increasing 20.2%, which falls 0.1% compared with that from January to August. From the perspective of month-on-month basis, the fixed assets investment in September (excluding peasant households) increases 1.28%.
From the perspective of structure, infrastructure investment mainly drives the investment to fall, while the investment of real estate and manufacturing has experienced a slight rise. The growth of infrastructure falls from 24.7% of last month to 24.2%, while the real estate investment in September rises from 19.3% of last month to 19.7%. In September, the investment in manufacturing rises from 17.9% of last month to18.5%, which exceeds the expectation slightly. In this quarter, under the drive of demand improvement, the investment in manufacturing goes up during fluctuation, which indicates that enterprises strengthen their confidence in future economy, therefore, they have enlarged their investment. The demand in the fourth quarter falls, and investment in manufacturing lacks motive power of further increase.
Growth of Fixed Assets Investment and Real Estate Development Investment
