Trade Resources Economy From January to July, The Private Investment in Fixed Assets Reached 14,120.1 Billion Yuan

From January to July, The Private Investment in Fixed Assets Reached 14,120.1 Billion Yuan

Tags: china, economy

From January to July, the private investment in fixed assets reached 14,120.1 billion yuan, a year-on-year increase of 23.3 percent in nominal terms, down by 0.1 percentage point over the first six months. The proportion of private investment in fixed assets to the total investment in fixed assets was 63.7 percent.

Private Investment in Fixed Assets for January to July

In term of different areas, the private investment in fixed assets in eastern region amounted to 6,963.6 billion yuan, rose by 20.6 percent year-on-year, and 0.1 percentage point lower than that in the first six months; that of central region, 4,279.4 billion yuan, surged 26.6 percent, 0.1 percentage point lower over the first six months; that of western region, 2,877.1 billion yuan, increased 25.3 percent, remained at the same level over the first six months.

In term of different industries, the private investment in fixed assets in primary industry reached 363.4 billion yuan, a year-on-year increase of 33.4 percent, and 0.8 percentage points lower than that in the first six months; that in the secondary industry amounted to 7,277.6 billion yuan, increased by 20.0 percent, and 0.2 percentage point higher than that in the first six months; that in the tertiary industry was 6,479.1 billion yuan, went up by 26.7 percent, 0.1 percentage point higher than that in the first six months.

Of the secondary industry, industrial private investment in fixed assets reached 7,210.2 billion yuan, a year-on-year increase of 20.4 percent, and 0.1 percentage point lower than that in the first six months, of which, that of mining industry was 394.9 billion yuan, increased 10.8 percent, remained at the same level over last month; that of the manufacturing industry was 6,521.0 billion yuan, increased 20.6 percent, and 0.2 percentage point lower; that of the production and supply of electric power, heat power, gas and water was 294.2 billion yuan, increased 30.3 percent, and 2.7 percentage points lower.

Private Investment in Fixed Assets For January to July

 

Indicators Jan-Jul
Absolute Value Increase rate Y/Y
(100 Million Yuan) (%)
Private Investment in Fixed Assets  141201 23.3
Grouped by Different Areas    
 Eastern Region  69636 20.6
 Central Region 42794 26.6
 Western Region 28771 25.3
Grouped by Types of Industry    
Primary Industry 3634 33.4
 Secondary Industry 72776 20
 Tertiary Industry 64791 26.7
Grouped by Industrial Sectors    
 Agriculture, Forestry, Animal Husbandry and Fishery 4226 34.3
 Mining 3949 10.8
  Of which: Mining and Washing of Coal 1465 4.6
      Extraction of Petroleum and Natural Gas 116 41.4
      Ore Mining, Smelting and Pressing of Ferrous Metals 702 6.2
      Ore Mining, Smelting and Pressing of Non-Ferrous Metal 636 10.6
      Ore Mining, Processing of Non-Metallic Minerals 889 18.9
 Manufacturing  65210 20.6
  Of which: Manufacture of Non-metallic Mineral Products 6769 15.1
      Smelting and Pressing of Ferrous Metals 2190 10.8
      Smelting and Pressing of Non-Ferrous Metal 2368 33.4
      Manufacture of General Purpose Machinery 4933 24
      Manufacture of Special Purpose Machinery 4592 21.2
      Manufacture of automobile 3595 21.1
      Manufacture of railways, shipbuilding, aerospace and other transportation equipment 1023 9.9
      Manufacture of Electrical Machinery & Equipment 4292 9.5
      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment 2343 26
 Production and Supply of Electricity ,Gas and Water 2942 30.3
  Of which: Production and Supply of Electric Power and Heat Power 1969 23.2
 Construction  904 -2.9
 Transport, Storage and Post 4032 38.2
  Of which: Railway Transportation 96 26.5
      Road Transportation 1383 38.6
 Management of Water Conservancy, Environment and Public Facilities 4139 36.6
  Of which: Management on Water Resource 338 48.6
      Management on Public Facilities  3535 34.5
 Education 736 32.1
 Health, Social Works 471 46.5
 Culture, Sports and Entertainment 1435 48.2
 Public Management, Social Security and Social Organizations 845 -9.8

Notes: For parts of data, the total is not equal to the total of sub-items due to round-off.

Annotations:

1. Explanatory Notes on Indicators

Private investment in fixed assets refers to the investment in construction and purchase of fixed assets within the territory of the People's Republic of China, by collective, private, and personal domestic enterprises and institutional units as well as the enterprises controlled (including absolutely controlled and relatively controlled) by these units.

2. Statistical Coverage

The statistical coverage of private investment in fixed assets is determined according to the types of industrial and commercial registration of the fixed assets investment projects units, which includes:

(1) The investment in fixed assets of collective enterprises, joint-stock cooperative enterprises, private enterprises, private partnerships, private limited liability companies, self-employed businessmen, individual partnerships and other pure non-governmental entities with industrial and commercial registration;

(2) All the investment in fixed assets of the main investment units, which are controlled by collective enterprises, private enterprises and individuals in the mixed economic components with industrial and commercial registration.

3. Data Collection

Private investment in fixed assets is a part of investment in fixed assets, and the reports of private investment on fixed assets are collected monthly with complete enumeration (no report in January), which is the same as the report of investment on fixed assets.

4. Classification on East, Central and West Region

Eastern region: including Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong and Hainan. Central region: including Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan. Western region: including Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia and Xinjiang.

5. Standard Industrial Classification

Since 2012, NBS performed the new standard on industrial classification for national economic activities (GB/T4754-2011),.

6. Explanatory Notes on Growth Rate

The growth rate of private investment in fixed assets is nominal growth rate, because the price indices of investment in fixed assets are calculated on quarterly basis, except Jan.-Mar., Jan.-Jun., Jan-Sep. and Jan.-Dec., the growth rates in the other months are nominal growth rates.

Source: http://www.stats.gov.cn/english/pressrelease/t20130809_402918314.htm
Contribute Copyright Policy
Private Investment in Fixed Assets for January to July
Topics: Service