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

National Bureau of Statistics of China 2016-04-18 16:35 Print| Large| Medium| Small

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.