Hey there! Did you know that in the first two months of 2025, China’s investment in big projects went up by 4.1%? That’s a lot! But what does that really mean?
First, let’s understand what fixed-asset investment is. It’s when money is spent on things like building roads, bridges, factories, and schools. These are big projects that help a country grow and improve.
So, in January and February, China invested over 5 trillion yuan (that’s about $734 billion!) in these projects. That’s like buying over 3.5 billion new smartphones! 📱📱📱
They put more money into building things like factories (which went up by 9%) and infrastructure like roads and bridges (which grew by 5.6%). However, investment in building houses and apartments went down by 9.8%.
But if we don’t count the property (houses and apartments), the total investment actually went up by 8.4%! That’s super impressive! 💪
Also, people in China have been shopping more! Retail sales of things people buy every day went up by 4%, reaching over 8 trillion yuan (about $1.17 trillion). That’s like buying 1.17 trillion ice cream cones! 🍦
Even without counting cars, people still spent more money, with sales going up by 4.8%.
All these numbers show that China is growing and people are buying more stuff. This is important because when a big country like China does well, it can help the whole world! 🌍
Isn’t it amazing how numbers can tell us such big stories?
Reference(s):
cgtn.com
