Zhejiang: Fixed asset investment in 2024 will increase by 0.4% over the previous year

Source: CNR

China National Radio, Beijing, January 22 (Reporter Men Tingting) On January 20, the Zhejiang Provincial Bureau of Statistics released the economic performance of Zhejiang in 2024.

In 2024, fixed asset investment will increase by 0.4% over the previous year. Among them, project investment will increase by 7.1%. Investment in people's livelihood will continue to increase, with infrastructure investment increasing by 13.7%, accounting for 25.3% of total investment, an increase of 3.0 percentage points over the previous year; social investment will increase by 4.6%. Investment in key areas will grow steadily, with investment in ecological protection, transportation, energy and water conservancy increasing by 21.1%, and investment in manufacturing increasing by 3.3%. Driven by the large-scale equipment renewal policy, investment in equipment and tools will increase by 8.8%.

In 2024, the consumer price index (CPI) will increase by 0.3% year-on-year. Among the eight categories of goods and services, six will increase, one will remain unchanged, and one will decrease. The prices of other goods and services, education, culture and entertainment, clothing, food, tobacco and alcohol, daily necessities and services, and medical care will increase by 4.7%, 2.2%, 2.2%, 0.3%, 0.2%, and 0.2% respectively. The prices of housing will remain unchanged, and the prices of transportation and communications will decrease by 2.3%.