BEIJING — China's fixed-asset investment went up 5.2% year-on-year in the first 11 months of the year, data from the National Bureau of Statistics showed on Dec 15.

During the first 11 months, the fixed-asset investment amounted to over 49.4 trillion yuan (about $7.8 trillion), according to the NBS.

Compared with the 2019 level, the growth came in at 7.9 percent during the period. The two-year average growth stood at 3.9 percent.

Investment by the private sectors rose 7.7 percent year-on-year to over 28.1 trillion yuan in the first 11 months, the NBS data showed.

On a month-on-month basis, the fixed-asset investment gained 0.19 percent in November.

In the first 11 months, investment in the primary, secondary and tertiary industries increased 9.3 percent, 11.1 percent and 2.5 percent, respectively, from a year earlier.

Investment in manufacturing and infrastructure gained 13.7 percent and 0.5 percent year-on-year, respectively, NBS data showed.

The fixed-asset investment includes capital spent on infrastructure, property, machinery and other physical assets.