Luoyifei, chief statistician of the investment department of the National Bureau of statistics, interpreted the investment data from January to may 2022
From January to may, all regions and departments effectively coordinated epidemic prevention and control and economic and social development, played a key role in investment, and the scale of investment continued to expand. Fixed asset investment (excluding farmers) increased by 6.2% year-on-year, 0.6% lower than that from January to April, and 1.9% lower than that from January to April. On a month on month basis, investment in fixed assets (excluding farmers) increased by 0.72% in May.
1、 Accelerated growth of infrastructure investment
From January to may, infrastructure investment increased by 6.7% year-on-year, 0.2% faster than that from January to April, and 0.5% higher than that of all investment. Among them, the investment in information transmission industry increased by 10.6%, 7.5 percentage points faster than that from January to April; The investment in public facilities management increased by 7.9%, and the growth rate accelerated by 0.8 percentage points; Investment in ecological protection and environmental governance increased by 1.7%, and the growth rate accelerated by 1.4 percentage points; The investment in railway transportation industry decreased by 3.0%, and the decline narrowed by 4.0 percentage points; Investment in water conservancy management industry increased by 11.8%, and the growth rate dropped by 0.2%.
2、 Manufacturing investment grew rapidly
From January to may, manufacturing investment increased by 10.6% year-on-year, 1.6% lower than that from January to April, and 1.8% lower than that from January to April. Among them, investment in equipment manufacturing increased by 22.0%, investment in consumer goods manufacturing increased by 19.0%, and investment in raw materials manufacturing increased by 11.0%.
From January to may, the technological transformation investment of manufacturing enterprises increased by 15.7% year-on-year, 5.1 percentage points higher than the growth rate of all manufacturing investment; Investment in technological transformation accounted for 43.2% of total manufacturing investment, an increase of 1.9 percentage points over the same period in 2021.
3、 Rapid growth of investment in high-tech industries
From January to may, the investment in high-tech industry increased by 20.5% year-on-year, and the growth rate has remained above 20.0% since this year.
Investment in high-tech manufacturing increased by 24.9% year-on-year. Among them, the investment in medical equipment and instrument manufacturing increased by 30.4%, the investment in electronic and communication equipment manufacturing increased by 29.3%, and the investment in computer and office equipment manufacturing increased by 26.4%.
Investment in high-tech services increased by 10.8% year-on-year. Among them, the investment in e-commerce service industry increased by 34.0%, the investment in R & D and design service industry increased by 20.1%, the investment in scientific and technological achievements transformation service industry increased by 14.9%, and the investment in information service industry increased by 14.3%.
4、 Investment in improving people's livelihood has grown rapidly
From January to may, investment in the social sector increased by 12.9% year-on-year. Among them, investment in health and social work increased by 28.1%, accelerating for two consecutive months; Education investment increased by 9.0%; Investment in culture, sports and entertainment increased by 4.2%.
From January to may, the investment in the production and supply of electricity, heat, gas and water increased by 11.5% year-on-year. Among them, the investment in gas production and supply industry increased by 18.1%, the investment in power and heat production and supply industry increased by 12.1%, and the investment in water production and supply industry increased by 8.0%.
5、 The leading role of large project investment is enhanced
From January to may, the completed investment of projects with a total investment of billion yuan or more (hereinafter referred to as large projects) increased by 10.2% year-on-year, 4.0 percentage points higher than the total investment; The contribution rate to total investment growth was 83.3%, 2.0 percentage points higher than that from January to April; All investment increased by 5.2 percentage points.
From the perspective of leading indicators, from January to may, the number of new projects increased by 26.1% year-on-year, the planned total investment of new projects increased by 23.3%, and the funds in place for investment projects (excluding real estate development investment) increased by 18.4%, which is conducive to the continuous expansion of investment scale. In the next stage, we should accelerate the construction of major projects, accelerate the issuance and use of local government special bonds, leverage and guide social investment, actively expand effective investment, and promote the steady growth of investment.
