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

National Bureau of Statistics of China 2015-10-19 16:27 Print| Large| Medium| Small

In the first nine months of 2015, the private investment in fixed assets reached 25,561.4 billion yuan, a year-on-year increase of 10.4 percent in nominal terms (the real growth rate was 12.1 percent, after deducting price factors), the growth rate was 0.6 percentage points lower than that in the first eight months, and was 0.1 percentage point higher over that of the 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 64.8 percent.

In term of different areas, the private investment in fixed assets in eastern region amounted to 12,210.5 billion yuan, rose by 9.7 percent year-on-year, a decrease of 1.0 percentage point over the first eight months; that of central region, 8,278.2 billion yuan, surged 15.9 percent, an increase of 0.1 percentage point; that of western region, 5,072.7 billion yuan, increased 4.0 percent, a decrease of 0.8 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 892.0 billion yuan, a year-on-year increase of 31.6 percent, decreased 0.6 percentage points over the first eight months; that in the secondary industry amounted to 12,831.9 billion yuan, increased 9.3 percent, down by 0.6 percentage points; that in the tertiary industry was 11,837.5 billion yuan, went up by 10.3 percent, decreased 0.7 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 12,699.5 billion yuan, a year-on-year increase of 9.2 percent, decreased 0.7 percentage points over the first eight months, of which, that of mining industry was 528.8 billion yuan, decreased 12.3 percent, and the pace of decline widened by 2.8 percentage points; that of the manufacturing industry was 11,492.1 billion yuan, increased 9.4 percent, down by 0.5 percentage points; that of the production and supply of electric power, heat power, gas and water was 678.6 billion yuan, increased 30.1 percent, down by 1.6 percentage points.

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

Private Investment in Fixed Assets	255614	10.4
Grouped by Different Areas
Eastern Region	122105	9.7
Central Region	82782	15.9
Western Region	50727	4.0
Grouped by Types of Industry
Primary Industry	8920	31.6
Secondary Industry	128319	9.3
Tertiary Industry	118375	10.3
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	10163	31.1
Mining	5288	-12.3
Of which: Mining and Washing of Coal	1667	-16.8
Extraction of Petroleum and Natural Gas	211	-15.1
Ore Mining, Smelting and Pressing of Ferrous Metals	920	-23.5
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	851	-9.5
Ore Mining, Processing of Non-Metallic Minerals	1448	3.9
Manufacturing	114921	9.4
Of which: Manufacture of Non-metallic Mineral Products	11670	7.4
Smelting and Pressing of Ferrous Metals	2491	-13.9
Smelting and Pressing of Non-Ferrous Metal	3615	0.5
Manufacture of General Purpose Machinery	9036	11.0
Manufacture of Special Purpose Machinery	8202	10.6
Manufacture of automobile	6209	9.3
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	1633	-0.4
Manufacture of Electrical Machinery & Equipment	7405	9.1
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	4384	20.3
Production and Supply of Electricity ,Gas and Water	6786	30.1
Of which: Production and Supply of Electric Power and Heat Power	4863	32.8
Construction	1645	8.3
Transport, Storage and Post	8790	24.1
Of which: Railway Transportation	223	-1.3
Road Transportation	3042	27.8
Management of Water Conservancy, Environment and Public Facilities	10196	30.5
Of which: Management on Water Resource	727	33.8
Management on Public Facilities	8861	31.3
Education	1495	13.5
Health, Social Works	1432	58.8
Culture, Sports and Entertainment	2826	15.2
Public Management, Social Security and Social Organizations	1593	20.5

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

The 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.