Private Investment in Fixed Assets for the First Two Months of 2016

Natioanl Bureau of Statistics of China 2016-03-16 16:56 Print| Large| Medium| Small

In the first two months of 2016, the private investment in fixed assets reached 2,342.0 billion yuan, a year-on-year increase of 6.9 percent in nominal terms. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 61.6 percent.

In term of different areas, the private investment in fixed assets in eastern region amounted to 1,246.8 billion yuan, rose by 8.6 percent year-on-year; that of central region, 623.6 billion yuan, increased 6.7 percent; that of western region, 434.3 billion yuan, increased 4.1 percent; that of northeastern region, 37.3 billion yuan, decreased 11.2 percent.

In term of different industries, the private investment in fixed assets in primary industry reached 62.2 billion yuan, a year-on-year increase of 29.2 percent; that in the secondary industry amounted to 1,086.1 billion yuan, increased 8.3 percent; that in the tertiary industry was 1,193.7 billion yuan, went up by 4.6 percent.

Of the secondary industry, industrial private investment in fixed assets reached 1,073.6 billion yuan, a year-on-year increase of 8.1 percent, of which, that of mining industry was 24.9 billion yuan, decreased 13.2 percent; that of the manufacturing industry was 995.5 billion yuan, increased 8.2 percent; that of the production and supply of electric power, heat power, gas and water was 53.2 billion yuan, increased 20.9 percent.

Private Investment in Fixed Assets for the First Two Months of 2016
Indicators	Jan-Feb
	Absolute Value	Increase rate Y/Y
	(100 Million Yuan)	(%)

Private Investment in Fixed Assets	23420	6.9
Grouped by Different Areas
Eastern Region	12468	8.6
Central Region	6236	6.7
Western Region	4343	4.1
Northeastern Region	373	-11.2
Grouped by Types of Industry
Primary Industry	622	29.2
Secondary Industry	10861	8.3
Tertiary Industry	11937	4.6
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	705	29.5
Mining	249	-13.2
Of which: Mining and Washing of Coal	67	-20.7
Extraction of Petroleum and Natural Gas	4	-46.7
Ore Mining, Smelting and Pressing of Ferrous Metals	27	-42.6
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	40	-2.1
Ore Mining, Processing of Non-Metallic Minerals	99	2.3
Manufacturing	9955	8.2
Of which: Manufacture of Non-metallic Mineral Products	904	1.0
Smelting and Pressing of Ferrous Metals	227	6.4
Smelting and Pressing of Non-Ferrous Metal	260	-4.0
Manufacture of General Purpose Machinery	810	11.6
Manufacture of Special Purpose Machinery	741	9.3
Manufacture of automobile	602	17.5
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	147	-7.4
Manufacture of Electrical Machinery & Equipment	756	8.0
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	529	31.5
Production and Supply of Electricity ,Gas and Water	532	20.9
Of which: Production and Supply of Electric Power and Heat Power	404	30.1
Construction	143	19.2
Transport, Storage and Post	760	16.2
Of which: Railway Transportation	8	8.7
Road Transportation	287	19.1
Management of Water Conservancy, Environment and Public Facilities	732	-0.2
Of which: Management on Water Resource	65	25.9
Management on Public Facilities	622	-3.8
Education	154	28.2
Health, Social Works	121	5.1
Culture, Sports and Entertainment	216	-3.4
Public Management, Social Security and Social Organizations	130	19.1

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. Northeastern region: including Liaoning, Jilin and Heilongjiang.

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.