Private Investment Growth Slows to Zero in June

SOEs increased fixed asset investment by 23.5 percent in the first half. Central government projects increased 12.1 percent; local government projects 8.8 percent. Total fixed asset investment slowed to 9.0 percent growth, with June's growth rate falling to 7.3 percent. The trend is clearly down.

SOEs have maintained the high rate of investment for much of the year, the central government accelerated investment in the past couple of months, while local governments have decelerated slightly. Despite these increases, however, they could not offset falling private investment.

Private fixed asset investment slowed to 2.8 percent in the first half and was flat in June, down 0.01 percent from June 2015.

Last month the headline was What Rebalancing: Private Service Industry Investment Declines 0.1 pc. In June, it improved to positive 0.01 percent versus June 2015. This was offset by the 1.9 percent decline in industrial investment. Year to date, industrial investment is up 2.8 percent, services investment is up 1.6 percent.

NBS: 2016年1-6月份全国固定资产投资(不含农户)增长9%
NBS: 2016年1-6月份民间固定资产投资增长2.8%

No comments:

Post a Comment