Source: Today Steam coal
From January to February 2024, the cumulative cement output of the country will be 183 million tons, a year-on-year decrease of 1.6%, 0.9 percentage points more than that of the whole year last year, and 1 percentage point more than that of the same period last year. The output is the second lowest level since 2010, only better than that of the same period in 2020, which is seriously affected by the epidemic. In terms of overall coverage, the year-on-year decrease was about 7.9%.
From January to February 2024, the national fixed asset investment (excluding farmers) will be 5.08 trillion yuan, a year-on-year increase of 4.2%, 1.2 percentage points higher than that of the whole year last year, 1.3 percentage points lower than that of the same period last year. From the perspective of single month investment, fixed asset investment (excluding farmers) in February grew 0.88% month on month.
In January and February, the national infrastructure investment (excluding electricity) grew 6.3% year on year, 0.4 percentage points faster than that of the whole year last year, 2.7 percentage points lower than that of the same period last year. Among them, investment in railway transportation industry increased by 27% year on year, investment in water conservancy management industry increased by 13.7% year on year, and investment in road transportation industry increased by 8.3% year on year.
In terms of regions, the investment in the eastern region increased by 5.9% year on year, the investment in the central region increased by 4.2% year on year, the investment in the western region decreased by 3.9% year on year, and the investment in the northeast region increased by 13.8% year on year.
At the macro level, the national investment in fixed assets and infrastructure has kept growing year on year. The growth rate has rebounded from that of last year, but is lower than that of the same period last year. Among them, the investment in railway transportation industry and water conservancy management industry showed a double-digit high growth year on year, and the growth rate increased significantly year on year, also higher than the level of last year; Investment in road transport industry grew rapidly year on year, reversing the slight decline at the end of last year.
From January to February 2024, the national real estate development investment will be 1.18 trillion yuan, down 9% year on year, 0.6 percentage points lower than that of the whole year last year, and 3.3 percentage points higher than that of the same period last year. Among them, the residential investment was 882.3 billion yuan, down 9.7% year on year.
In January and February, the construction area of real estate development enterprises was 6.669 billion square meters, down 11% year on year; The newly started housing area was 94.29 million square meters, down 29.7% year on year. Among them, the newly started residential area decreased by 30.6%.
In January and February, the paid in capital of real estate development enterprises was 1.62 trillion yuan, down 24.1% year on year.
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