GDP components · China

China Fixed Asset Investment (YTD) YoY

The China Fixed Asset Investment (YTD) YoY is one part of the national accounts of China: what households spend, what businesses invest, what they earn, or how productive workers are.

Importance
Medium
Publié
Monthly
Prochaine publication
Devise
CNH · Chinese yuan (renminbi)
Banque centrale
The People's Bank of China
Influence
GAUCNH · USDCNH · XAUCNH

Derniers chiffres

La dernière publication, pour SEP, est parue le 2026-10-19 et s’est établie à -7.2%. C’est au-dessus du consensus de -7.3%. C’est inchangé par rapport à -7.2% la fois précédente.

A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.

Sur les 12 dernières publications, la valeur est allée de -7.2% à 1.8%, avec une moyenne de -3.1%.

Oct 2025: -0.5%Nov 2025: -1.7%Dec 2025: -2.6%Jan 2026: -3.8%Mar 2026: 1.8%Apr 2026: 1.7%May 2026: -1.6%Jun 2026: -4.1%Jul 2026: -5.7%Aug 2026: -6.7%Sep 2026: -7.2%Oct 2026: -7.2% Oct 2025Oct 2026
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
19 Oct 2026SEP-7.2%-7.3%-7.2%
15 Sep 2026AUG-7.2%-7.2%-6.7%
17 Aug 2026JUL-6.7%-6.2%-5.7%
15 Jul 2026JUN-5.7%-4.9%-4.1%
16 Jun 2026MAY-4.1%-2%-1.6%
18 May 2026APR-1.6%1.6%1.7%
16 Apr 2026MAR1.7%1.9%1.8%
16 Mar 2026JAN-FEB1.8%-0.4%-3.8%
19 Jan 2026DEC-3.8%-3%-2.6%
15 Dec 2025NOV-2.6%-2.3%-1.7%
14 Nov 2025OCT-1.7%-0.8%-0.5%
20 Oct 2025SEP-0.5%0.2%0.5%

Voir dans le calendrier économique →

Pourquoi c’est important

GDP's headline hides its drivers. Household spending is usually the largest part of demand; investment is the most cyclical and tells you about firms' confidence; productivity and labour costs decide whether growth can continue without inflation.

Mode de calcul

the National Bureau of Statistics (NBS) estimates each component from surveys, tax and trade data, after inflation where noted ("real").

Ce que signifient les variations

  • Strong spending with weak income growth cannot last: watch the savings rate.
  • Productivity growth lets wages rise without pushing up prices; unit labour costs show the opposite.

Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.

Inférieur aux attentes : A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.

Un bref historique

The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.

Questions

What is the China Fixed Asset Investment (YTD) YoY?

The China Fixed Asset Investment (YTD) YoY is one part of the national accounts of China: what households spend, what businesses invest, what they earn, or how productive workers are.

What was the latest China Fixed Asset Investment (YTD) YoY?

-7.2% for SEP, published on 19 October 2026 (consensus -7.3%, previous -7.2%).

When is the next China Fixed Asset Investment (YTD) YoY?

On Monday 16 November 2026 at 02:00 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.