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The Jiangsu Provincial Bureau of Statistics released a summary of Jiangsu's economic performance from January to August. From January to August, the province's fixed asset investment fell 11.0% year on year. In terms of major sectors, investment in infrastructure fell by 8.4%, investment in manufacturing fell by 1.6%, and investment in real estate development fell by 25.4%. Large-scale equipment upgrades are progressing steadily, and the province's investment in purchasing equipment and tools increased 13.8% year-on-year from January to August.
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The Jiangsu Provincial Bureau of Statistics released a summary of Jiangsu's economic performance from January to August. From January to August, the province's fixed asset investment fell 11.0% year on year. In terms of major sectors, investment in infrastructure fell by 8.4%, investment in manufacturing fell by 1.6%, and investment in real estate development fell by 25.4%. Large-scale equipment upgrades are progressing steadily, and the province's investment in purchasing equipment and tools increased 13.8% year-on-year from January to August.
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