Private Investment in Fixed Assets for the First Seven Months of 2014

National Bureau of Statistics of China 2014-08-13 15:47 Print| Large| Medium| Small

In the first seven months of 2014, the private investment in fixed assets reached 16,850.3 billion yuan, a year-on-year increase of 19.6 percent in nominal terms, 0.5 percentage points lower over that in the first six months. The proportion of private investment in fixed assets to the total investment in fixed assets was 64.9 percent.

 

 

 

In term of different areas, the private investment in fixed assets in eastern region amounted to 8,229.8 billion yuan, rose by 18.2 percent year-on-year, dropped 0.7 percentage points over the first six months; that of central region, 5,155.9 billion yuan, surged 20.1 percent, dropped 0.3 percentage points; that of western region, 3,464.6 billion yuan, increased 20.5 percent, decreased 0.1 percentage point.

 

In term of different industries, the private investment in fixed assets in primary industry reached 475.5 billion yuan, a year-on-year increase of 31.1 percent, increased 1.2 percentage points over that in the first four months; that in the secondary industry amounted to 8,539.3 billion yuan, increased 17.5 percent, decreased 0.3 percentage points; that in the tertiary industry was 7,835.5 billion yuan, went up by 21.2 percent, decreased 0.8 percentage points.

 

Of the secondary industry, industrial private investment in fixed assets reached 8,450.1 billion yuan, a year-on-year increase of 17.4 percent ,decreased 0.3 percentage points over that in the first six months, of which, that of mining industry was 413.6 billion yuan, increased 4.9 percent, dropped 1.4 percentage points; that of the manufacturing industry was 7,679.6 billion yuan, increased 18.0 percent, dropped 0.1 percentage point; that of the production and supply of electric power, heat power, gas and water was 357.0 billion yuan, increased 21.5 percent, decreased 1.6 percentage points.

 

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

168503

19.6

Grouped by Different Areas

 

 

 Eastern Region

82298

18.2

 Central Region

51559

20.1

 Western Region

34646

20.5

Grouped by Types of Industry

 

 

Primary Industry

4755

31.1

 Secondary Industry

85393

17.5

 Tertiary Industry

78355

21.2

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

5452

29.2

 Mining

4136

4.9

  Of which: Mining and Washing of Coal

1336

-8.7

      Extraction of Petroleum and Natural Gas

170

47.2

      Ore Mining, Smelting and Pressing of Ferrous Metals

820

17.0

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

650

2.5

      Ore Mining, Processing of Non-Metallic Minerals

1004

13.1

 Manufacturing

76796

18.0

  Of which: Manufacture of Non-metallic Mineral Products

7908

17.0

      Smelting and Pressing of Ferrous Metals

2096

-4.1

      Smelting and Pressing of Non-Ferrous Metal

2614

10.6

      Manufacture of General Purpose Machinery

5993

21.7

      Manufacture of Special Purpose Machinery

5436

18.6

      Manufacture of automobile

4181

16.5

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

1234

20.9

      Manufacture of Electrical Machinery & Equipment

5057

18.0

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

2636

12.7

 Production and Supply of Electricity ,Gas and Water

3570

21.5

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

2510

27.7

 Construction

1159

28.4

 Transport, Storage and Post

5104

26.8

  Of which: Railway Transportation

153

59.6

      Road Transportation

1731

25.3

 Management of Water Conservancy, Environment and Public Facilities

5685

37.6

  Of which: Management on Water Resource

400

18.6

      Management on Public Facilities

4908

39.1

 Education

977

33.1

 Health, Social Works

639

35.9

 Culture, Sports and Entertainment

1766

23.2

 Public Management, Social Security and Social Organizations

963

14.2

 

 

 

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), please refer to http://www.stats.gov.cn/tjsj/tjbz/hyflbz.

 

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.