China's National Bureau of Statistics: Fixed asset investment up 4% year-on-year in January-May, real estate investment down - Chinese media

On the 17th, the National Bureau of Statistics of China announced that national fixed asset investment (excluding farms) in the first five months of this year increased 4.0% year-on-year to 18.8 trillion yen (about 416 trillion yen).
Excluding investment, fixed asset investment nationwide increased by 8.6% year on year. By sector, basic equipment investment increased by 5.7% year on year, and manufacturing investment increased by 9.6% year on year.
Investment in industrial development fell 10.1% year on year. The floor space of new homes sold nationwide fell 20.3% year on year, and sales also fell 27.9% year on year to 3.5665 trillion yen (approximately 79 trillion yen).
Private investment increased by 0.1% year on year. Excluding real estate development investment, private investment increased by 6.9% year on year. Investment in high-tech industries increased by 11.5% year on year. Of this, high-tech manufacturing increased by 11.5% year on year.
The industrial sector increased by 10.4% year-on-year, while the high-tech services sector increased by 14.3% year-on-year. Fixed asset investment (excluding farming) in May was down 0.04% from the previous month.