Private Investment in Fixed Assets for 2014

National Bureau of Statistics of China 2015-01-20 16:12 Print| Large| Medium| Small

In 2014, the private investment in fixed assets reached 32,157.6 billion yuan, a year-on-year increase of 18.1 percent in nominal terms, 0.2 percentage points higher over that in the first eleven months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 64.1 percent.

In term of different areas, the private investment in fixed assets in eastern region amounted to 15,315.2 billion yuan, rose by 16.5 percent year-on-year, increased 0.4 percentage points over the first eleven months; that of central region, 10,167.0 billion yuan, surged 18.3 percent, the growth rate remained at the same level over the first eleven months; that of western region, 6,675.4 billion yuan, increased 20.3 percent, decreased 0.1 percentage point.

In term of different industries, the private investment in fixed assets in primary industry reached 956.2 billion yuan, a year-on-year increase of 37.9 percent, increased 5.0 percentage points over that in the first eleven months; that in the secondary industry amounted to 16,173.1 billion yuan, increased 16.7 percent, up by 0.1 percentage point; that in the tertiary industry was 15,028.2 billion yuan, went up by 18.6 percent, increased 0.2 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 16,015.7 billion yuan, a year-on-year increase of 16.4 percent, increased 0.1 percentage point over that in the first eleven months, of which, that of mining industry was 785.7 billion yuan, increased 2.3 percent, increased 0.5 percentage points; that of the manufacturing industry was 14,495.3 billion yuan, increased 16.8 percent, increased 0.1 percentage point; that of the production and supply of electric power, heat power, gas and water was 734.7 billion yuan, increased 25.9 percent, dropped 1.2 percentage points.

Private Investment in Fixed Assets For 2014
Indicators	Jan-Dec
	Absolute Value	Increase rate Y/Y
	(100 Million Yuan)	(%)

Private Investment in Fixed Assets	321576	18.1
Grouped by Different Areas
Eastern Region	153152	16.5
Central Region	101670	18.3
Western Region	66754	20.3
Grouped by Types of Industry
Primary Industry	9562	37.9
Secondary Industry	161731	16.7
Tertiary Industry	150282	18.6
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	10942	36.6
Mining	7857	2.3
Of which: Mining and Washing of Coal	2598	-10.9
Extraction of Petroleum and Natural Gas	320	25.7
Ore Mining, Smelting and Pressing of Ferrous Metals	1504	8.6
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	1237	9.9
Ore Mining, Processing of Non-Metallic Minerals	1879	12.7
Manufacturing	144953	16.8
Of which: Manufacture of Non-metallic Mineral Products	15046	17.6
Smelting and Pressing of Ferrous Metals	3812	-2.1
Smelting and Pressing of Non-Ferrous Metal	4934	11.2
Manufacture of General Purpose Machinery	11194	19.1
Manufacture of Special Purpose Machinery	10108	15.5
Manufacture of automobile	7674	14.5
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	2321	20.0
Manufacture of Electrical Machinery & Equipment	9294	14.3
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	5168	15.7
Production and Supply of Electricity ,Gas and Water	7347	25.9
Of which: Production and Supply of Electric Power and Heat Power	5160	29.6
Construction	2056	40.6
Transport, Storage and Post	9992	24.7
Of which: Railway Transportation	271	29.4
Road Transportation	3551	34.9
Management of Water Conservancy, Environment and Public Facilities	11332	35.3
Of which: Management on Water Resource	799	24.4
Management on Public Facilities	9797	35.9
Education	1870	33.4
Health, Social Works	1336	53.0
Culture, Sports and Entertainment	3502	25.9
Public Management, Social Security and Social Organizations	1716	5.2

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.