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

National Bureau of Statistics of China 2015-04-15 15:56 Print| Large| Medium| Small

In the first three months of 2015, the private investment in fixed assets reached 5,034.9 billion yuan, a year-on-year increase of 13.6 percent in nominal terms (the real growth rate was 14.6 percent, after deducting price factors), 1.1 percentage points lower than that in the first two months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 65.0 percent, 0.2 percentage points higher over the same period of last year.

In term of different areas, the private investment in fixed assets in eastern region amounted to 2,662.6 billion yuan, rose by 13.6 percent year-on-year, decreased 0.5 percentage points over the first two months; that of central region, 1,426.8 billion yuan, surged 16.7 percent, a decrease of 1.1 percentage points; that of western region, 945.5 billion yuan, increased 9.4 percent, down by 2.0 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 132.3 billion yuan, a year-on-year increase of 37.9 percent, decreased 3.6 percentage points over the first two months; that in the secondary industry amounted to 2,450.9 billion yuan, increased 12.2 percent, down by 1.3 percentage points; that in the tertiary industry was 2,451.8 billion yuan, went up by 14.1 percent, decreased 0.7 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 2,429.4 billion yuan, a year-on-year increase of 12.1 percent, decreased 1.0 percentage point over the first two months, of which, that of mining industry was 78.6 billion yuan, decreased 9.6 percent, and the pace of decline narrowed by 0.7 percentage points; that of the manufacturing industry was 2,237.4 billion yuan, increased 12.0 percent, decreased 1.1 percentage points; that of the production and supply of electric power, heat power, gas and water was 113.3 billion yuan, increased 36.6 percent, dropped by 1.2 percentage points.

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

Private Investment in Fixed Assets	50349	13.6
Grouped by Different Areas
Eastern Region	26626	13.6
Central Region	14268	16.7
Western Region	9455	9.4
Grouped by Types of Industry
Primary Industry	1323	37.9
Secondary Industry	24509	12.2
Tertiary Industry	24518	14.1
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	1504	35.7
Mining	786	-9.6
Of which: Mining and Washing of Coal	237	-23
Extraction of Petroleum and Natural Gas	23	39.4
Ore Mining, Smelting and Pressing of Ferrous Metals	133	-12.7
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	116	-7.6
Ore Mining, Processing of Non-Metallic Minerals	248	6.0
Manufacturing	22374	12.0
Of which: Manufacture of Non-metallic Mineral Products	2254	15.9
Smelting and Pressing of Ferrous Metals	511	-9.2
Smelting and Pressing of Non-Ferrous Metal	652	-1.8
Manufacture of General Purpose Machinery	1763	10.2
Manufacture of Special Purpose Machinery	1624	15.3
Manufacture of automobile	1223	9.7
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	354	-4.8
Manufacture of Electrical Machinery & Equipment	1555	10.5
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	947	21.6
Production and Supply of Electricity ,Gas and Water	1133	36.6
Of which: Production and Supply of Electric Power and Heat Power	790	37.8
Construction	281	22
Transport, Storage and Post	1670	30.4
Of which: Railway Transportation	26	22.5
Road Transportation	609	40.5
Management of Water Conservancy, Environment and Public Facilities	1806	32.7
Of which: Management on Water Resource	137	47.4
Management on Public Facilities	1578	31.5
Education	300	22.9
Health, Social Works	259	60.7
Culture, Sports and Entertainment	546	18.7
Public Management, Social Security and Social Organizations	282	15.6

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.