National Bureau of Statistics: Fixed asset investment declines year-on-year, while investment in the manufacturing industry continues to grow.

In October, the national fixed asset investment was 40.8914 trillion yuan, a decrease of 1.7% year-on-year; excluding real estate development investment, national fixed asset investment increased by 1.7%. By sector, infrastructure investment decreased by 0.1% year-on-year, manufacturing investment increased by 2.7%, and real estate development investment decreased by 14.7%. The national sales area of newly built commercial residential buildings was 71.982 million square meters, a decrease of 6.8% year-on-year; the sales revenue of newly built commercial residential buildings was 69.017 billion yuan, a decrease of 9.6%. By industry, investment in the primary industry increased by 2.9% year-on-year, investment in the secondary industry increased by 4.8%, and investment in the tertiary industry decreased by 5.3%. Private investment decreased by 4.5% year-on-year; excluding real estate development investment, private investment increased by 0.2%. In high-tech industries, investments in information services, aviation and aerospace equipment manufacturing, and computer and office equipment manufacturing increased by 32.7%, 19.7%, and 4.1% respectively. In October, fixed asset investment decreased by 1.62% month-on-month.