China's fixed-asset investment down 7.2% through September
National investment in fixed assets, excluding rural households, reached 33,411.5 billion yuan from January to September 2026, a 7.2% fall on the year in nominal terms.
China's National Bureau of Statistics reported that national investment in fixed assets, excluding rural households, was 33,411.5 billion yuan from January to September 2026, a year-on-year decrease of 7.2%. The bureau notes that these growth rates are not adjusted for price factors ([NBS release, 20 October 2026](http://www.stats.gov.cn/english/PressRelease/202610/t20261020_1965664.html)).
Key figures
- Fixed-asset investment, January to September 2026: 33,411.5 billion yuan
- Year-on-year change, nominal: −7.2%
Property investment is reported separately: see China's property investment falls 20.6% through September. For the retail sales figures from the same bureau, see China's retail sales rise 1.1% in September.
Sources
Common questions
How much did China's fixed-asset investment change from January to September 2026?
It fell 7.2% year on year in nominal terms, to 33,411.5 billion yuan, according to the National Bureau of Statistics.
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