BEIJING — China’s fixed-asset investment grew 8.3 percent year on year to 48.44 trillion yuan ($7.1 trillion) in the first ten months of 2016, official data showed on Nov 14.

The growth slightly accelerated from the 8.2-percent gain seen during the January-September period, the National Bureau of Statistics said.

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