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

National Bureau of Statistics of China 2015-07-15 14:52 Print| Large| Medium| Small

In the first six months of 2015, the private investment in fixed assets reached 15,443.8 billion yuan, a year-on-year increase of 11.4 percent in nominal terms (the real growth rate was 12.5 percent, after deducting price factors), the growth rate was 0.7 percentage points lower than that in the first five months, and kept at the same level with that of total investment in fixed assets (excluding rural households). The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 65.1 percent, 0.3 percentage points lower over the first five months.

In term of different areas, the private investment in fixed assets in eastern region amounted to 7,554.9 billion yuan, rose by 11.2 percent year-on-year, decreased 1.1 percentage points over the first five months; that of central region, 4,884.5 billion yuan, surged 16.0 percent, a decrease of 0.6 percentage points; that of western region, 3,004.4 billion yuan, increased 5.3 percent, up by 0.2 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 499.2 billion yuan, a year-on-year increase of 31.4 percent, decreased 2.9 percentage points over the first five months; that in the secondary industry amounted to 7,729.8 billion yuan, increased 10.8 percent, down by 0.4 percentage points; that in the tertiary industry was 7,214.8 billion yuan, went up by 10.9 percent, decreased 1.0 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 7,646.4 billion yuan, a year-on-year increase of 10.8 percent, decreased 0.4 percentage points over the first five months, of which, that of mining industry was 309.2 billion yuan, decreased 7.9 percent, and the pace of decline narrowed by 2.1 percentage points; that of the manufacturing industry was 6,951.9 billion yuan, increased 10.7 percent, decreased 0.6 percentage points; that of the production and supply of electric power, heat power, gas and water was 385.3 billion yuan, increased 32.8 percent, dropped by 1.4 percentage points.

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

Private Investment in Fixed Assets	154438	11.4
Grouped by Different Areas
Eastern Region	75549	11.2
Central Region	48845	16.0
Western Region	30044	5.3
Grouped by Types of Industry
Primary Industry	4992	31.4
Secondary Industry	77298	10.8
Tertiary Industry	72148	10.9
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	5679	30.3
Mining	3092	-7.9
Of which: Mining and Washing of Coal	970	-9.8
Extraction of Petroleum and Natural Gas	96	-32.4
Ore Mining, Smelting and Pressing of Ferrous Metals	570	-13.7
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	468	-9.5
Ore Mining, Processing of Non-Metallic Minerals	872	5.2
Manufacturing	69519	10.7
Of which: Manufacture of Non-metallic Mineral Products	7163	10.8
Smelting and Pressing of Ferrous Metals	1489	-13.1
Smelting and Pressing of Non-Ferrous Metal	2288	5.6
Manufacture of General Purpose Machinery	5405	10.5
Manufacture of Special Purpose Machinery	4943	12.3
Manufacture of automobile	3795	11.8
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	1000	-3.7
Manufacture of Electrical Machinery & Equipment	4530	8.2
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	2745	27.1
Production and Supply of Electricity ,Gas and Water	3853	32.8
Of which: Production and Supply of Electric Power and Heat Power	2757	34.9
Construction	1030	9.2
Transport, Storage and Post	5212	24.3
Of which: Railway Transportation	123	9.2
Road Transportation	1826	27.5
Management of Water Conservancy, Environment and Public Facilities	5867	25.5
Of which: Management on Water Resource	422	28.8
Management on Public Facilities	5081	25.3
Education	936	17.3
Health, Social Works	816	56.9
Culture, Sports and Entertainment	1740	18.2
Public Management, Social Security and Social Organizations	942	20.0

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.