Trade Resources Economy From January to May, The Private Investment in Fixed Assets Reached 8,383.2 Billion Yuan

From January to May, The Private Investment in Fixed Assets Reached 8,383.2 Billion Yuan

From January to May, the private investment in fixed assets reached 8,383.2 billion yuan, a year-on-year increase of 23.8 percent in nominal terms, down by 0.1 percentage point over the first four months. The proportion of private investment in fixed assets to the total investment in fixed assets was 63.9 percent, 0.4 percentage point higher than that in the first four months.

Private Investment in Fixed Assets for January to May

In term of different areas, the private investment in fixed assets in eastern region amounted to 4,275.9 billion yuan, rose by 20.4 percent year-on-year, and 0.2 percentage point higher than that in the first four months; that of central region, 2,446.7 billion yuan, surged 28.2 percent, 0.2 percentage point lower over the first four months; that of western region, 1,660.6 billion yuan, increased 26.4 percent, 1.3 percentage points lower over the first four months.

In term of different industries, the private investment in fixed assets in primary industry reached 207.4 billion yuan, a year-on-year increase of 33.4 percent, and 3.1 percentage points lower than that in the first four months; that in the secondary industry amounted to 4,310.9 billion yuan, increased by 20.9 percent, and 0.5 percentage point lower than that in the first four months; that in the tertiary industry was 3,864.9 billion yuan, went up by 26.6 percent and 0.6 percentage point higher.

Of the secondary industry, industrial private investment in fixed assets reached 4,271.8 billion yuan, a year-on-year increase of 21.2 percent, and 0.6 percentage point lower than that in the first four months, of which, that of mining industry was 206.3 billion yuan, increased 7.2 percent, and 1.0 percentage point higher; that of the manufacturing industry was 3,902.6 billion yuan, increased 21.9 percent, and 0.5 percentage point lower; that of the production and supply of electric power, heat power, gas and water was 162.9 billion yuan, increased 24.6 percent, and 4.8 percentage points lower.

Private Investment in Fixed Assets For January to May

Indicators

Jan-May

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

83832

23.8

Grouped by Different Areas

 

 

 Eastern Region

42759

20.4

 Central Region

24467

28.2

 Western Region

16606

26.4

Grouped by Types of Industry

 

 

Primary Industry

2074

33.4

 Secondary Industry

43109

20.9

 Tertiary Industry

38649

26.6

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

2411

33.7

 Mining

2063

7.2

  Of which: Mining and Washing of Coal

758

3.2

      Extraction of Petroleum and Natural Gas

47

15.3

      Ore Mining, Smelting and Pressing of Ferrous Metals

359

-0.1

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

329

3.4

      Ore Mining, Processing of Non-Metallic Minerals

498

18.6

 Manufacturing

39026

21.9

  Of which: Manufacture of Non-metallic Mineral Products

4040

18.2

      Smelting and Pressing of Ferrous Metals

1254

9.6

      Smelting and Pressing of Non-Ferrous Metal

1361

40.6

      Manufacture of General Purpose Machinery

3013

27.1

      Manufacture of Special Purpose Machinery

2829

24.4

      Manufacture of automobile

2139

18.2

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

647

14.0

      Manufacture of Electrical Machinery & Equipment

2626

8.9

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

1464

26.2

 Production and Supply of Electricity ,Gas and Water

1629

24.6

  Of which: Production and Supply of Electric Power and Heat Power

1116

20.0

 Construction

518

-1.4

 Transport, Storage and Post

2336

35.0

  Of which: Railway Transportation

49

39.0

      Road Transportation

776

26.3

 Management of Water Conservancy, Environment and Public Facilities

2435

39.1

  Of which: Management on Water Resource

203

65.2

      Management on Public Facilities

2074

36.5

 Education

437

32.4

 Health, Social Works

269

42.9

 Culture, Sports and Entertainment

856

48.9

 Public Management, Social Security and Social Organizations

496

-11.9

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/t20130613_402903500.htm
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