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The close relationship among construction industry, real estate industry and fixed asset investment is a hot issue of concern to relevant scholars at home and abroad. Based on the statistical data of China Statistical Yearbook 2000-2018 and previous scholars’ research, this paper quantitatively describes the relationship among the three. Firstly, the index system among the three is constructed, and the reliability and validity test and factor analysis are performed by SPSS25.0 to ensure the scientificity of the analysis. Then the VAR model is constructed, and the ADF test, J test, second-order differential root test and second-order differential variance decompositionare are performed by using EVIEWS9.0. The results show that the fixed assets investment plays a more important role in the promotion of construction industry than the real estate industry; but the development of the construction industry and the real estate industry still depends on its internal forces. Based on the above research, the author puts forward suggestions for enterprise development. This paper provide an important reference for further exploration of enterprise relevance and enterprise management and development.

Research on the Relevance of China’s Construction Industry, Real Estate Industry and Fixed Assets Investment