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China's economy: How it performed and the road ahead

chinadaily.com.cn | Updated: 2022-01-19 06:40
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A Fuxing bullet train runs on the Lhasa-Nyingchi railway during a trial operation in Shannan, Southwest China's Tibet autonomous region, June 16, 2021. [Photo/Xinhua]

Fixed-asset investment

In 2021, investment in fixed assets (excluding rural households) increased 4.9 percent to 54.5 trillion yuan. It is worth noting that investment in high-technology industry rose 17.1 percent, Xu said, adding that high-technology manufacturing, equipment manufacturing, as well as new economy sectors all attracted investment, indicating structure optimizing and improving quality of investment.

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