Private Investment in Fixed Assets for the First Three Months of 2016
National Bureau of Statistics of China2016-04-18 16:35




In the first three months of 2016, the private investment in fixed assets reached 5,319.7 billion yuan, a year-on-year increase of 5.7 percent in nominal terms (the real growth rate was 8.6 percent, after deducting price factors), the growth rate was 1.2 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 62.0 percent, 3.0 percentage points lower than that in the same period last year.

 

 

 

In term of different areas, the private investment in fixed assets in eastern region amounted to 2,724.2 billion yuan, rose by 7.9 percent year-on-year, a decrease of 0.8 percentage points over the first two months; that of central region, 1,478.8 billion yuan, increased 6.2 percent, a decrease of 0.4 percentage points; that of western region, 975.8 billion yuan, increased 3.2 percent, a decrease of 0.9 percentage points; that of northeastern region, 140.8 billion yuan, decreased 17.1 percent, and the pace of decline widened by 5.9 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 160.7 billion yuan, a year-on-year increase of 21.5 percent, and the growth rate decreased 7.7 percentage points over the first two months; that in the secondary industry amounted to 2,616.0 billion yuan, increased 6.7 percent, a decrease of 1.6 percentage points; that in the tertiary industry was 2,543.0 billion yuan, went up by 3.7 percent, decreased 0.9 percentage points.

 

Of the secondary industry, industrial private investment in fixed assets reached 2,589.7 billion yuan, a year-on-year increase of 6.6 percent, and the growth rate went down by 1.5 percentage points over the first two months, of which, that of mining industry was 73.0 billion yuan, decreased 7.1 percent, and the pace of decline narrowed by 6.1 percentage points; that of the manufacturing industry was 2,378.7 billion yuan, increased 6.3 percent, down by 1.9 percentage points; that of the production and supply of electric power, heat power, gas and water was 138.0 billion yuan, increased 21.7 percent, up by 0.8 percentage points.

 

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

 

Indicators

Jan-Mar

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

53197

5.7

Grouped by Different Areas

 

 

 Eastern Region

27242

7.9

 Central Region

14788

6.2

 Western Region

9758

3.2

  Northeastern Region

1408

-17.1

Grouped by Types of Industry

 

 

Primary Industry

1607

21.5

 Secondary Industry

26160

6.7

 Tertiary Industry

25430

3.7

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

1810

20.4

 Mining

730

-7.1

  Of which: Mining and Washing of Coal

189

-20.2

      Extraction of Petroleum and Natural Gas

16

-30

      Ore Mining, Smelting and Pressing of Ferrous Metals

97

-27.6

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

124

7.5

      Ore Mining, Processing of Non-Metallic Minerals

274

10.4

 Manufacturing

23787

6.3

  Of which: Manufacture of Non-metallic Mineral Products

2197

-2.5

      Smelting and Pressing of Ferrous Metals

538

5.2

      Smelting and Pressing of Non-Ferrous Metal

645

-1.0

      Manufacture of General Purpose Machinery

1910

8.3

      Manufacture of Special Purpose Machinery

1681

3.5

      Manufacture of automobile

1557

27.3

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

326

-8.0

      Manufacture of Electrical Machinery & Equipment

1764

13.5

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

1085

14.6

 Production and Supply of Electricity ,Gas and Water

1380

21.7

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

1055

33.5

 Construction

313

11.7

 Transport, Storage and Post

1731

3.6

  Of which: Railway Transportation

22

-16.4

      Road Transportation

610

0.1

 Management of Water Conservancy, Environment and Public Facilities

1965

8.8

  Of which: Management on Water Resource

164

19.2

      Management on Public Facilities

1686

6.8

 Education

351

17.1

 Health, Social Works

309

19.4

 Culture, Sports and Entertainment

545

-0.1

 Public Management, Social Security and Social Organizations

282

-0.1

 

 

 

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.

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