China's fixed-asset investment falls 1.6 percent in first four months

Official data showed China's fixed-asset investment dropped 1.6 percent year on year in the first four months of 2026, the National Bureau of Statistics reported.

The National Bureau of Statistics said in a statement on Monday that fixed-asset investment totaled 14.13 trillion yuan, or about 2.06 trillion U.S. dollars.

Infrastructure investment grew 4.3 percent year on year, while manufacturing investment increased 1.2 percent.

Excluding the property sector, fixed-asset investment rose 1.3 percent. Investment in property development fell 13.7 percent over the same period.

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Illustration of China's record Q1 foreign trade growth, depicting a busy port with ships, cranes, and surging trade graphs.
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China's Q1 foreign trade up 15%, fastest in five years

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China's foreign trade reached 11.84 trillion yuan ($1.63 trillion) in the first quarter of 2026, up 15% year on year, the fastest quarterly growth in nearly five years, officials from the General Administration of Customs announced on Tuesday. Exports totaled 6.85 trillion yuan, up 11.9%, while imports rose 19.6% to 4.99 trillion yuan. The figure marks the first time first-quarter trade has exceeded 11 trillion yuan.

China's economy posted a steady recovery in the first four months of 2026, with key indicators rebounding and new growth drivers gaining momentum.

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Official data showed China's value-added industrial output rose 5.6 percent year on year in the first four months of 2026. Growth in April reached 4.1 percent from a year earlier.

China has set its 2026 economic growth target at 4.5 to 5 percent, striving for better results, as announced in a government work report submitted to the National People's Congress on March 6, 2026—confirming earlier January reports of this range.

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Japan's largest companies raised capital spending in the final quarter of last year, signaling stronger corporate sentiment. The Finance Ministry reported a 4% rise in spending on goods excluding software compared to the previous quarter. Prime Minister Sanae Takaichi is pushing for more investment in strategic sectors.

Hong Kong's finance chief Paul Chan forecasts first-quarter GDP growth exceeding 4%, the strongest in nearly five years, driven by a 17% rise in visitors and 5.2% gain in retail and catering spending. The preliminary figure is due on Tuesday.

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China's official manufacturing purchasing managers' index (PMI) fell slightly to 50.3 in April from 50.4 the previous month, though it exceeded expectations. New export orders and imports expanded for the first time since early 2024, but softer domestic activity pushed the non-manufacturing PMI into contraction. Price pressures remained in expansionary territory, indicating ongoing reflation.

 

 

 

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