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

National Bureau of Statistics of China 2014-10-21 14:41 Print| Large| Medium| Small

In the first nine months of 2014, the private investment in fixed assets reached 23,150.9 billion yuan, a year-on-year increase of 18.3 percent in nominal terms (the real growth rate was 17.5 percent, after deducting price factors), 0.7 percentage points lower over that in the first eight months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 64.7 percent.

In term of different areas, the private investment in fixed assets in eastern region amounted to 11,126.8 billion yuan, rose by 16.5 percent year-on-year, dropped 0.9 percentage points over the first eight months; that of central region, 7,145.4 billion yuan, surged 18.7 percent, dropped 0.6 percentage points; that of western region, 4,878.6 billion yuan, increased 20.8 percent, decreased 0.2 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 677.6 billion yuan, a year-on-year increase of 31.2 percent, decreased 0.5 percentage points over that in the first eight months; that in the secondary industry amounted to 11,744.4 billion yuan, increased 17.0 percent, decreased 0.2 percentage points; that in the tertiary industry was 10,728.9 billion yuan, went up by 18.9 percent, decreased 1.3 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 11,631.9 billion yuan, a year-on-year increase of 16.8 percent ,decreased 0.2 percentage points over that in the first eight months, of which, that of mining industry was 602.9 billion yuan, increased 6.0 percent, increased 0.2 percentage points; that of the manufacturing industry was 10,507.6 billion yuan, increased 17.0 percent, dropped 0.4 percentage points; that of the production and supply of electric power, heat power, gas and water was 521.4 billion yuan, increased 25.6 percent, increased 2.0 percentage points.

Private Investment in Fixed Assets For January to September
Indicators	Jan-Sep
	Absolute Value	Increase rate Y/Y
	(100 Million Yuan)	(%)

Private Investment in Fixed Assets	231509	18.3
Grouped by Different Areas
Eastern Region	111268	16.5
Central Region	71454	18.7
Western Region	48786	20.8
Grouped by Types of Industry
Primary Industry	6776	31.2
Secondary Industry	117444	17.0
Tertiary Industry	107289	18.9
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	7749	30.2
Mining	6029	6.0
Of which: Mining and Washing of Coal	2003	-4.6
Extraction of Petroleum and Natural Gas	248	41.1
Ore Mining, Smelting and Pressing of Ferrous Metals	1203	14.4
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	941	4.6
Ore Mining, Processing of Non-Metallic Minerals	1393	10.8
Manufacturing	105076	17.0
Of which: Manufacture of Non-metallic Mineral Products	10866	15.6
Smelting and Pressing of Ferrous Metals	2893	-1.4
Smelting and Pressing of Non-Ferrous Metal	3596	12.6
Manufacture of General Purpose Machinery	8141	19.5
Manufacture of Special Purpose Machinery	7416	17.3
Manufacture of automobile	5683	15.9
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	1640	17.7
Manufacture of Electrical Machinery & Equipment	6790	15.7
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	3645	13.4
Production and Supply of Electricity ,Gas and Water	5214	25.6
Of which: Production and Supply of Electric Power and Heat Power	3661	31.3
Construction	1519	38.5
Transport, Storage and Post	7083	23.7
Of which: Railway Transportation	226	62.4
Road Transportation	2381	19.6
Management of Water Conservancy, Environment and Public Facilities	7815	32.0
Of which: Management on Water Resource	543	12.1
Management on Public Facilities	6749	33.3
Education	1317	28.9
Health, Social Works	902	42.4
Culture, Sports and Entertainment	2453	22.2
Public Management, Social Security and Social Organizations	1322	11.4

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.