Interpretation from the National Bureau of Statistics: The investment structure from January to August saw a relatively rapid increase in investment in new and improved key areas

The Zhitong Finance App learned that on September 15, Zhang Gang of the Investment Department of the National Bureau of Statistics interpreted the investment data from January to August 2026. From January to August, investment in the field of new quality productivity continued the good growth trend since the beginning of the year. The growth rate of investment related to technological progress and industrial upgrading accelerated, investment in key areas grew rapidly, and investment structure optimization continued to advance. Among them, emerging industries are growing rapidly, investment in the field of new quality productivity is active, and the growth rate of investment in high-tech industries continues to accelerate. From January to August, investment in high-tech industries increased by 5.2% year on year. The growth rate was 0.2 percentage points faster than in January-July, driving overall investment growth of 0.5 percentage points.

The original text is as follows:

Investment structure Investments in new and improved key areas are growing rapidly

——Zhang Gang of the Investment Department of the National Bureau of Statistics interprets investment data from January to August 2026

From January to August, investment in the field of new quality productivity continued the good growth trend since the beginning of the year. The growth rate of investment related to technological progress and industrial upgrading accelerated, investment in key areas grew rapidly, and investment structure optimization continued to advance.

1. The growth rate of investment in high-tech industries continues to accelerate

Emerging industries are growing rapidly, investment in the field of new quality productivity is active, and the growth rate of investment in high-tech industries continues to accelerate. From January to August, investment in high-tech industries increased by 5.2% year on year. The growth rate was 0.2 percentage points faster than in January-July, driving overall investment growth of 0.5 percentage points.

From January to August, investment in high-tech manufacturing increased by 3.5% year on year, 0.2 percentage points faster than in January-July. Among them, investment in the electronic circuit manufacturing industry increased by 58.8%, and the growth rate accelerated by 1.1 percentage points; investment in the integrated circuit manufacturing industry increased by 12.0%, the growth rate accelerated by 0.5 percentage points; investment in the lithium-ion battery manufacturing industry increased by 20.6%; and investment in the electronic special materials manufacturing industry increased by 8.5%.

From January to August, investment in high-tech services increased by 8.4% year on year. Investment in the information service industry, which is closely related to new industries such as artificial intelligence, grew by 22.7%, 3.5 percentage points faster than in January-July.

2. Investment in intellectual property products is growing well

Investment in scientific and technological innovation continues to strengthen, and investment in intellectual property products has maintained a relatively rapid growth rate. From January to August, the country's investment in intellectual property products increased 9.2% year on year, 0.1 percentage points faster than in January-July; it accounted for 15.2% of total investment, an increase of 0.4 percentage points over the same period last year; driving total investment growth of 1.2 percentage points.

3. Increased growth rate of investment in equipment acquisition

The effects of the “two new” policies continue to show, and the growth of investment in equipment purchases continues to accelerate. From January to August, investment in the purchase of equipment and tools increased 9.3% year on year, 0.3 percentage points faster than in January-July; it accounted for 19.5% of total investment, an increase of 2.9 percentage points over the same period last year; driving total investment growth of 1.5 percentage points.

IV. Rapid growth in infrastructure investment in key areas

Investment and construction in the fields related to the “Six Zhang Network” has been accelerated, and the construction of “dual” projects has progressed steadily, driving a relatively rapid growth in infrastructure investment in key areas. From January to August, investment in the Internet and related services increased by 42.0% year on year, 0.7 percentage points faster than in January-July; investment in the air transport industry increased by 16.7%, which was 1.0 percentage point faster; investment in water transport increased by 14.7%; and investment in the electricity supply industry increased by 12.7%.

5. Investment in industrial upgrading and improvement continues to expand

The construction of a modern industrial system has been steadily promoted and new progress has been made, the transformation and upgrading of traditional industries has gained new vitality, and industrial investment is steadily moving towards a new path of improvement. From January to August, investment in the mining industry increased by 3.4% year on year, driving up total industrial investment by 0.2 percentage points. Investment in the equipment manufacturing industry increased by 0.9%, driving total industrial investment to increase by 0.3 percentage points. Among them, investment in the railway, ship, aerospace and other transportation equipment manufacturing industry increased by 16.3%; investment in the computer, communications and other electronic equipment manufacturing industry increased by 8.1%, 0.3 percentage points faster than in January-July.

In the next stage, it is necessary to earnestly implement the arrangements of the Party Central Committee and the State Council, improve quality and efficiency, make good use of fiscal expenditure, various types of bond funds and new policy financial instruments, step up “double” construction and “two new” work, solidly push forward the implementation of the “Six Network” project, cultivate and develop emerging industries according to local conditions, optimize and enhance traditional industries, further promote the construction of a modern industrial system, and insist on investing in goods and people to make better use of effective investment potential.

This article was compiled from the official website of the “National Bureau of Statistics”, Zhitong Finance Editor: Feng Qiuyi.