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

National Bureau of Statistics of China 2014-12-12 16:52 Print| Large| Medium| Small

In the first eleven months of 2014, the private investment in fixed assets reached 29,132.3 billion yuan, a year-on-year increase of 17.9 percent in nominal terms, 0.1 percentage point lower over that in the first ten months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 64.6 percent.

In term of different areas, the private investment in fixed assets in eastern region amounted to 13,922.1 billion yuan, rose by 16.1 percent year-on-year, dropped 0.1 percentage point over the first ten months; that of central region, 9,078.3 billion yuan, surged 18.3 percent, dropped 0.1 percentage point; that of western region, 6,131.9 billion yuan, increased 20.4 percent, decreased 0.2 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 861.5 billion yuan, a year-on-year increase of 32.9 percent, increased 1.1 percentage points over that in the first ten months; that in the secondary industry amounted to 14,699.4 billion yuan, increased 16.6 percent, kept at the same level over that in the first ten months; that in the tertiary industry was 13,571.4 billion yuan, went up by 18.4 percent, decreased 0.3 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 14,552.4 billion yuan, a year-on-year increase of 16.3 percent ,decreased 0.1 percentage points over that in the first ten months, of which, that of mining industry was 734.9 billion yuan, increased 1.8 percent, decreased 1.1 percentage points; that of the manufacturing industry was 13,148.6 billion yuan, increased 16.7 percent, dropped 0.1 percentage point; that of the production and supply of electric power, heat power, gas and water was 668.9 billion yuan, increased 27.1 percent, increased 0.8 percentage points.

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

Private Investment in Fixed Assets	291323	17.9
Grouped by Different Areas
Eastern Region	139221	16.1
Central Region	90783	18.3
Western Region	61319	20.4
Grouped by Types of Industry
Primary Industry	8615	32.9
Secondary Industry	146994	16.6
Tertiary Industry	135714	18.4
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	9855	32.0
Mining	7349	1.8
Of which: Mining and Washing of Coal	2388	-10.7
Extraction of Petroleum and Natural Gas	308	33.2
Ore Mining, Smelting and Pressing of Ferrous Metals	1425	9.3
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	1193	4.1
Ore Mining, Processing of Non-Metallic Minerals	1745	9.5
Manufacturing	131486	16.7
Of which: Manufacture of Non-metallic Mineral Products	13614	16.2
Smelting and Pressing of Ferrous Metals	3556	-0.7
Smelting and Pressing of Non-Ferrous Metal	4584	14.0
Manufacture of General Purpose Machinery	10202	18.5
Manufacture of Special Purpose Machinery	9234	15.4
Manufacture of automobile	7037	16.4
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	2059	18.2
Manufacture of Electrical Machinery & Equipment	8428	14.9
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	4630	14.3
Production and Supply of Electricity ,Gas and Water	6689	27.1
Of which: Production and Supply of Electric Power and Heat Power	4716	32.5
Construction	1918	37.9
Transport, Storage and Post	8996	24.2
Of which: Railway Transportation	254	31.1
Road Transportation	3080	24.4
Management of Water Conservancy, Environment and Public Facilities	10067	33.8
Of which: Management on Water Resource	691	14.8
Management on Public Facilities	8724	35.1
Education	1677	31.3
Health, Social Works	1191	48.5
Culture, Sports and Entertainment	3066	20.7
Public Management, Social Security and Social Organizations	1635	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.