Beijing: Real estate development investment from January to November decreased by 15.6%
According to the official website of the Beijing Municipal Bureau of Statistics, from January to November, the city's fixed asset investment increased by 5.8% year-on-year. Among them, equipment purchase investment reflecting the expansion of production capacity by enterprises increased by 67.6%, accounting for 30.9% of the city's fixed asset investment; investment in high-tech industries increased by 43.2%, with the information transmission, software and information technology services industry, as well as the scientific research and technical services industry serving as the main driving forces. In terms of different sectors, infrastructure investment decreased by 2.3%; manufacturing investment decreased by 1.5%, with key projects in the computer, communication, and other electronic equipment manufacturing industry entering the final stage; real estate development investment decreased by 15.6%.
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