Guangzhou Statistics Bureau reported Jan–Jul 2026 fixed-asset investment rose
2.1% YoY. By sector: industrial investment +4.2%, with industrial technology
renovation investment +13.7%; infrastructure investment -5.3%, though investment
in key transport projects surged, with waterborne transport and road transport
investment up 51.2% and 11.6% respectively. Real estate development investment
fell 6.4%. Investment in equipment and tools rose 8.0% as large-scale equipment
renewal policy showed clear effect. New-economy investment accelerated:
high‑tech manufacturing +28.6%, electronics and communications equipment
manufacturing +33.4%. Private investment remained robust, up 9.8% YoY, including
private industrial investment +23.2%.