(1) Investment in the primary industry shows no improvement. The primary industry has always been the soft spot of Nanning’s investment, featuring not only small scale, but also weak growth rate. The investment in primary industry has even fallen sharply compared with the previous years. In the first three quarters, Nanning's primary industry investment decreased by 10.6% year-on-year, 10.4 percentage points lower than that of the same period of last year. Among that, agriculture, forestry and water resources investment decreased by 15.9% year-on-year, achieving a contribution rate of -3.4% to the city's investment growth, which became an obstacle to the growth of Nanning’s investment. In particular, investment in the water conservation declined rapidly, down by 35.3% year-on-year, achieving a contribution rate of -1.8% to the city's investment growth.
(2) Industrial investment is beset with difficulties. The industry faces severe difficulties like the international trade war, the upgrading of domestic consumption, the unsolved problem of private financing, the raised investment threshold and the insufficient industrial land, making the property owners less confident in the current economic development and dare not to invest rashly. In the first three quarters, Nanning’s industrial investment only increased by 5.9%, lower than that of the whole investment of the city. Among that, manufacturing investment only increased by 2.9%, and industrial technology reform investment decreased by 1.8% year-over-year. At present, among the 31 manufacturing industries in Nanning City, only 12 of them show a growth of investment in the first three quarters, while the other 19 show a decline, among which there are traditional industries such as food manufacturing, furniture manufacturing, chemical raw materials and chemical products manufacturing, as well as high-tech pharmaceutical manufacturing and special equipment manufacturing industries. The decline of investment in high-energy-consuming industries such as ferrous metal smelting and rolling processing and non-ferrous metal smelting and rolling processing industries is conducive to Nanning's optimization of manufacturing structure, but the decline of investment in high-tech industries is not conducive to the upgrading of the manufacturing industry.