The latest data from the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) shows that from January to May, central enterprises completed investment of 1.7 trillion yuan, a year-on-year increase of 12.5%. Fixed asset investment (excluding real estate) was 1 trillion yuan, a year-on-year increase of 20.4%.
Since the second quarter of the year, central enterprises have continued to increase investment and steadily promote the implementation of projects. In May, central enterprises completed an investment of over 380 billion yuan, a year-on-year increase of 19.6%.