Investment in Fixed Assets for the First Eleven Months of 2015
National Bureau of Statistics of China2015-12-16 09:14




In the first eleven months of 2015, the investment in fixed assets (excluding rural households) reached 49,718.2 billion yuan, up by 10.2 percent year-on-year in nominal terms, and the growth rate kept at the same level over the first ten months. In November, the investment in fixed assets (excluding rural households) increased 0.73 percent, month-on-month.

 

 

 

In term of different industries, from January to November, the investment in primary industry was 1,402.5 billion yuan, went up by 28.7 percent year-on-year, an increase of 0.6 percentage points over the first ten months; that of secondary industry was 20,343.6 billion yuan, went up by 8.1 percent, an increase of 0.1 percentage point; that of tertiary industry was 27,972.1 billion yuan, increased 11.0 percent, and the growth rate kept at the same level.

 

In secondary industry, the investment in industry reached 19,959.5 billion yuan, increased 8.1 percent year-on-year, and the growth rate increased 0.1 percentage point over the first ten months. Of which, the investment in mining industry stood at 1,152.1 billion yuan, went down by 8.7 percent, and the pace of decline widened by 0.2 percentage points; that of manufacture, 16,422.2 billion yuan, increased 8.4 percent, and the growth rate grew by 0.1 percentage point; that of production and supply of electric power, heat power, gas and water, 2,385.2 billion yuan, increased 16.0 percent, an increase of 0.5 percentage points.

 

In tertiary industry, the investment in infrastructure (excluding electricity) was 8,906.2 billion yuan, increased 18.2 percent year-on-year, an increase of 0.8 percentage points over the first ten months. Of which, the investment in management of water conservancy increased 23.3 percent, up by 0.3 percentage points; that of management of public facilities increased 20.5 percent, up by 1.1 percentage points; that of transport via road increased 17.5 percent, down by 0.2 percentage points; that of transport via railway increased 0.8 percent, down by 0.6 percentage points.

 

In term of different areas, from January to November, the investment in eastern region amounted to 22,329.9 billion yuan, rose by 8.5 percent year-on-year, and the growth rate kept at the same level over the first ten months; that of central region, 14,505.4 billion yuan, surged 14.7 percent, an increase of 0.2 percentage points; that of western region, 12,490.7 billion yuan, increased 8.9 percent, an increase of 0.2 percentage points.

 

In term of types of registration, from January to November, the investment by domestic enterprises was 47,473.3 billion yuan, went up by 10.8 percent year-on-year, up by 0.1 percentage point over the first ten months; investment by funds from Hong Kong, Macao and Taiwan was 1,087.2 billion yuan, up by 0.6 percent, decreased 0.6 percentage points; and the investment by foreign funds was 974.1 billion yuan, down by 2.4 percent, and the pace of decline remained at the same level over the first ten months.

 

In terms of jurisdiction of project management, from January to November, the central investment reached 2,210.7 billion yuan, increased 0.2 percent year-on-year, 1.0 percentage point lower over the first ten months; the local investment was 47,507.6 billion yuan, up by 10.7 percent, an increase of 0.1 percentage point.

 

Analysis on projects under construction or started this year showed that, from January to November, the total planned investment in projects under construction reached 97,978.8 billion yuan, up by 5.6 percent year-on-year, an increase of 0.3 percentage points over the first ten months. The total planned investment in newly started projects was 37,413.7 billion yuan, up by 4.7 percent year-on-year, an increase of 0.6 percentage points.

 

In terms of paid-in funds, from January to November, 52,014.5 billion yuan had been invested, rose by 7.9 percent year-on-year, an increase of 0.6 percentage points over the first ten months. Of this total, the growth of government budgetary funds went up by 21.4 percent, an increase of 0.3 percentage points, investment from domestic loans went down by 4.3 percent, and the pace of decline narrowed by 0.2 percentage point, that from self-raising funds went up by 9.2 percent, an increase of 0.7 percentage points, that from foreign investment decreased 28.1 percent, and the pace of decline narrowed by 0.5 percentage points, other investment went up by 9.7 percent, an increase of 1.0 percentage point.

 

 

 

Investment in Fixed Assets For the First Eleven Months of 2015

 

Indicators

Jan-Nov

Absolute Value

Increase rate Y/Y

(%)

 

 

 

Investment in Fixed Assets (Exclude Rural Households) (100 million yuan)

497182

10.2

  Of which: State-owned and State Holding

159015

11.7

Grouped by Jurisdiction of Project Management

 

 

 Central Investment

22107

0.2

 Local Investment

475076

10.7

Grouped by Constitution

 

 

  Construction and Installation

343618

11.8

  Purchase of Equipment and Instruments

97477

9.6

  Other Expenses

56087

2.6

Grouped by Types of Industry

 

 

 Primary Industry

14025

28.7

 Secondary Industry

203436

8.1

 Tertiary Industry

279721

11.0

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

17232

28.7

 Mining

11521

-8.7

  Of which: Mining and Washing of Coal

3599

-16.1

      Extraction of Petroleum and Natural Gas

2829

0.8

      Ore Mining, Smelting and Pressing of Ferrous Metals

1277

-19.9

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

1479

-3.9

      Ore Mining, Processing of Non-Metallic Minerals

1903

2.3

 Manufacturing

164222

8.4

Of which: Processing of Food from Agricultural Products

9726

8.4

Manufacture of Foods

4647

14.8

           Manufacture of Textile

5482

13.4

Manufacture of Chemical Raw Material and Chemical Products

13725

4.1

Manufacture of Medicines

5295

12.3

Manufacture of Rubber and Plastics Products

5947

10.6

         Manufacture of Non-metallic Mineral Products

15348

6.8

      Smelting and Pressing of Ferrous Metals

3873

-12.5

      Smelting and Pressing of Non-Ferrous Metal

5219

-2.6

Manufacture of Fabricated Metal Products

8619

10.2

      Manufacture of General Purpose Machinery

12184

10.0

      Manufacture of Special Purpose Machinery

11271

8.1

      Manufacture of Automobile

10531

13.7

      Manufacture of Railways, Shipbuilding, Aerospace and Other Transportation Equipment

2943

4.4

      Manufacture of Electrical Machinery & Equipment

10287

9.6

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

8174

14.7

 Production and Supply of Electricity ,Gas and Water

23852

16.0

  Of which: Production and Supply of Electric Power and Heat Power

18066

14.9

 Construction

4539

4.8

 Transport, Storage and Post

42754

15.7

  Of which: Railway Transportation

6342

0.8

      Road Transportation

25204

17.5

 Management of Water Conservancy, Environment and Public Facilities

49585

21.1

  Of which: Management on Water Resource

6461

23.3

      Management on Public Facilities

41143

20.5

 Education

6870

15.7

 Health, Social Works

4607

30.4

 Culture, Sports and Entertainment

6037

9.7

 Public Management, Social Security and Social Organizations

6612

11.9

Grouped by Registration Type

 

 

 Domestic Funded

474733

10.8

 Funds from Hong Kong, Macao and Taiwan

10872

0.6

 Foreign Investment

9741

-2.4

Grouped by Construction and New Projects

 

 

 Total Investment in Construction Project

979788

5.6

 Total Planned Investment in New Projects

374137

4.7

Funds in Place for Investment (Exclude Rural Households)

520145

7.9

  Of which: Government Budgetary Funds

27589

21.4

      Domestic Loans

55182

-4.3

      Foreign Investment

2609

-28.1

      Self-Raising Funds

369089

9.2

      Other Funds

65676

9.7

 

 

 

Note:

1.The growth rate in this table are all nominal growth rate.

2.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

 

Investment in fixed assets (excluding rural households): refers to the total workload on construction and purchase for fixed assets during a certain period in the form of currency, as well as the concerning expenses.

 

Paid-in fund: refers to all funds received by investment units used for fixed assets during the reference period, including state budgetary fund, domestic loans, foreign investment, self-raised funds, and others.

 

Newly started project: refers to all newly started construction projects during the reference period.

 

Stat-holding Enterprises: including absolutely state-holding enterprises, relatively state-holding enterprises and consultatively state-holding enterprises. Absolutely state-holding enterprises refer to those enterprises that the proportion of state investment capital to the total actual capital (or capital stock) is larger than 50 percent.

 

Relatively state-holding enterprises refer to those enterprises that the proportion of state investment capital to the total actual capital (or capital stock) is less than 50 percent, but larger than any other single share holders. Consultatively state-holding enterprises refer to those enterprises that the proportion of state investment capital to the total actual capital (or capital stock) is less than other share holders, but owning the real control power regulated by agreement.

 

The enterprises which the proportion of investment capital of the two investors is 50 percent, and the share holding control power is not clearly stated by either side, if one of them is state-owned, are all classified as the state-holding enterprises without exception.

 

The investment projects invested by the administrative and institutional units are all classified as state-holding.

 

Types of Registration: the types of registration on the enterprises are based on the Provisions for the Classification of Types of Enterprise Registration jointly issued by NBS and State Administration of Industry and Commerce. And that on the individual operation is based on Note on the Code & Classification of Types of Individual Operation Registration.

 

According to the provision of statistical reporting system, all grassroots units shall fill in registration types. The registration types shall be filled in by the enterprises or individual operation units engaged in investment in fixed assets. Those who have already registered in the industrial and commercial administrative units, shall fill in based on the registration types, if unregistered, shall be filled in based on the registration types of investors or that on the provisions of related papers.

 

Domestic enterprise includes state-owned enterprise, collective enterprise, joint enterprise, limited liability enterprise, share-holding enterprise, private enterprise and others.

 

Enterprises with funds from Hong Kong, Macao and Taiwan includes joint-venture and cooperation by Hong Kong, Macao and Taiwan, Hong Kong, Macao and Taiwan Sole Investment, Hong Kong, Macao and Taiwan Funded Share-holding Corporations Ltd., and other investment enterprises by Hong Kong, Macao and Taiwan.

 

Foreign investment enterprise includes joint-venture and cooperation enterprises, foreign funded enterprise, foreign funded share-holding corporations Ltd., and other foreign investment enterprises.

 

2. Statistical Coverage

 

Refers to construction projects on fixed assets and real estates involving a total planned investment of 5 million yuan and over.

 

3. Data Collection

 

The report of investment on fixed assets is collected monthly with complete enumeration (no report in January).

 

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/T 4754-2011), please refer to  http://www.stats.gov.cn/tjsj/tjbz/hyflbz. 

 

6. Explanatory Notes on Growth Rate

 

The growth rate of investment in fixed assets are calculated in nominal except that in Jan.- Mar., Jan.-Jun., Jan-Sep. and Jan.-Dec. in case of the price indices of investment in fixed assets are calculated on quarterly.

 

7. Revision on Month-on-Month Data

 

According to the auto-revision function of the seasonal adjustment model, the month-on-month growth rate of investment on fixed assets from November 2014 to November 2015 has been revised as follows:

 

The Month-on-Month Growth Rate of Investment on Fixed Assets

(Excluding Rural Households)

 

 

Growth Rate (%)

 

 

2014-November

0.94

December

0.94

2015-January

0.88

February

0.86

March

0.84

April

0.81

May

0.77

June

0.84

July

0.74

August

0.71

September

0.70

October

0.72

November

0.73

 

 

 

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