Trade Resources Economy From January to August, The Private Investment in Fixed Assets Reached 16,696.4bn Yuan

From January to August, The Private Investment in Fixed Assets Reached 16,696.4bn Yuan

Private Investment in Fixed Assets for January to August National Bureau of Statistics of China

From January to August, the private investment in fixed assets reached 16,696.4 billion yuan, a year-on-year increase of 23.3 percent in nominal terms, and the growth rate remained at the same level over the first seven months. The proportion of private investment in fixed assets to the total investment in fixed assets was 63.6 percent.

Private Investment in Fixed Assets for January to August

In term of different areas, the private investment in fixed assets in eastern region amounted to 8,151.8 billion yuan, rose by 20.5 percent year-on-year, and 0.1 percentage point lower than that in the first seven months; that of central region, 5,139.4 billion yuan, surged 26.3 percent, 0.3 percentage point lower over the first seven months; that of western region, 3,405.2 billion yuan, increased 25.7 percent, 0.4 percentage points higher over the first seven months.

In term of different industries, the private investment in fixed assets in primary industry reached 437.2 billion yuan, a year-on-year increase of 31.9 percent, and 1.5 percentage points lower than that in the first seven months; that in the secondary industry amounted to 8,606.1 billion yuan, increased by 20.5 percent, and 0.5 percentage point higher than that in the first seven months; that in the tertiary industry was 7,653.1 billion yuan, went up by 26.0 percent and 0.7 percentage point lower.

Of the secondary industry, industrial private investment in fixed assets reached 8,528.2 billion yuan, a year-on-year increase of 20.8 percent, and 0.4 percentage point lower than that in the first seven months, of which, that of mining industry was 477.1 billion yuan, increased 10.0 percent, and 0.8 percentage point lower; that of the manufacturing industry was 7,700.4 billion yuan, increased 21.1 percent, and 0.5 percentage point higher; that of the production and supply of electric power, heat power, gas and water was 350.8 billion yuan, increased 28.9 percent, and 1.4 percentage points lower.

Private Investment in Fixed Assets For January to August

 

Indicators Jan-Aug
Absolute Value Increase rate Y/Y
(100 Million Yuan) (%)
Private Investment in Fixed Assets  166964 23.3
Grouped by Different Areas    
Eastern Region  81518 20.5a
Central Region 51394 26.3
Western Region 34052 25.7
Grouped by Types of Industry    
Primary Industry 4372 31.9
Secondary Industry 86061 20.5
Tertiary Industry 76531 26
Grouped by Industrial Sectors    
Agriculture, Forestry, Animal Husbandry and Fishery 5066 32.1
Mining 4771 10
Of which: Mining and Washing of Coal 1753 2.9
Extraction of Petroleum and Natural Gas 147 22.8
Ore Mining, Smelting and Pressing of Ferrous Metals 868 7
Ore Mining, Smelting and Pressing of Non-Ferrous Metal 768 12
Ore Mining, Processing of Non-Metallic Minerals 1062 17.1
Manufacturing  77004 21.1
Of which: Manufacture of Non-metallic Mineral Products 8018 15.3
Smelting and Pressing of Ferrous Metals 2551 7.4
Smelting and Pressing of Non-Ferrous Metal 2751 31.1
Manufacture of General Purpose Machinery 5807 25.9
Manufacture of Special Purpose Machinery 5433 22.3
Manufacture of automobile 4245 22
Manufacture of railways, shipbuilding, aerospace and other transportation equipment 1206 17.3
Manufacture of Electrical Machinery & Equipment 5070 11.1
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment 2739 27.9
Production and Supply of Electricity ,Gas and Water 3508 28.9
Of which: Production and Supply of Electric Power and Heat Power 2330 20.9
Construction  1054 3.6
Transport, Storage and Post 4782 39
Of which: Railway Transportation 117 25.1
Road Transportation 1655 37.7
Management of Water Conservancy, Environment and Public Facilities 4957 37.2
Of which: Management on Water Resource 407 46.7
Management on Public Facilities  4235 35.2
Education 849 25.3
Health, Social Works 544 42.9
Culture, Sports and Entertainment 1710 50.2
Public Management, Social Security and Social Organizations 1007 -8.9

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/t20130910_402926105.htm
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Private Investment in Fixed Assets for January to August
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