Private Investment in Fixed Assets for the First Two Months of 2015

National Bureau of Statistics of China 2015-03-11 16:32 Print| Large| Medium| Small

In the first two months of 2015, the private investment in fixed assets reached 2,191.5 billion yuan, a year-on-year increase of 14.7 percent in nominal terms, 0.8 percentage points higher than the growth rate of the investment in fixed assets. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 63.6 percent, 0.5 percentage point higher over the same period of last year.

In term of different areas, the private investment in fixed assets in eastern region amounted to 1,186.3 billion yuan, rose by 14.1 percent year-on-year; that of central region, 588.0 billion yuan, surged 17.8 percent; that of western region, 417.2 billion yuan, increased 11.4 percent.

In term of different industries, the private investment in fixed assets in primary industry reached 48.1 billion yuan, a year-on-year increase of 41.5 percent; that in the secondary industry amounted to 1,002.7 billion yuan, increased 13.5 percent; that in the tertiary industry was 1,140.6 billion yuan, went up by 14.8 percent.

Of the secondary industry, industrial private investment in fixed assets reached 993.1 billion yuan, a year-on-year increase of 13.1 percent, of which, that of mining industry was 28.7 billion yuan, decreased 10.3 percent; that of the manufacturing industry was 920.4 billion yuan, increased 13.1 percent; that of the production and supply of electric power, heat power, gas and water was 44.0 billion yuan, increased 37.8 percent.

Private Investment in Fixed Assets For the First Two Months of 2015
Indicators	Jan-Feb
	Absolute Value	Increase rate Y/Y
	(100 Million Yuan)	(%)

Private Investment in Fixed Assets	21915	14.7
Grouped by Different Areas
Eastern Region	11863	14.1
Central Region	5880	17.8
Western Region	4172	11.4
Grouped by Types of Industry
Primary Industry	481	41.5
Secondary Industry	10027	13.5
Tertiary Industry	11406	14.8
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	544	41.3
Mining	287	-10.3
Of which: Mining and Washing of Coal	85	-22.9
Extraction of Petroleum and Natural Gas	8	27.6
Ore Mining, Smelting and Pressing of Ferrous Metals	48	-8.9
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	41	-9.0
Ore Mining, Processing of Non-Metallic Minerals	97	2.0
Manufacturing	9204	13.1
Of which: Manufacture of Non-metallic Mineral Products	895	16.6
Smelting and Pressing of Ferrous Metals	213	-8.5
Smelting and Pressing of Non-Ferrous Metal	271	11.1
Manufacture of General Purpose Machinery	725	9.2
Manufacture of Special Purpose Machinery	678	16.9
Manufacture of automobile	512	10.7
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	158	13.0
Manufacture of Electrical Machinery & Equipment	701	12.8
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	403	12.5
Production and Supply of Electricity ,Gas and Water	440	37.8
Of which: Production and Supply of Electric Power and Heat Power	311	33.9
Construction	120	46.7
Transport, Storage and Post	654	27.5
Of which: Railway Transportation	7	-15.7
Road Transportation	241	35.6
Management of Water Conservancy, Environment and Public Facilities	733	31.0
Of which: Management on Water Resource	52	34.5
Management on Public Facilities	646	31.4
Education	120	30.5
Health, Social Works	115	78.8
Culture, Sports and Entertainment	224	18.9
Public Management, Social Security and Social Organizations	109	18.1

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

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.