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

National Bureau of Statistics of China 2016-06-13 16:47 Print| Large| Medium| Small

In the first five months of 2016, the private investment in fixed assets reached 11,638.4 billion yuan, a year-on-year increase of 3.9 percent in nominal terms, and the growth rate was 1.3 percentage points lower than that in the first four months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 62.0 percent, 3.4 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 5,593.3 billion yuan, rose by 8.0 percent year-on-year, an increase of 0.3 percentage points over the first four months; that of central region, 3,417.5 billion yuan, increased 5.7 percent, a decrease of 1.1 percentage points; that of western region, 2,140.1 billion yuan, increased 2.0 percent, a decrease of 0.9 percentage points; that of northeastern region, 487.6 billion yuan, decreased 29.3 percent, and the pace of decline widened by 6.2 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 408.6 billion yuan, a year-on-year increase of 17.9 percent, and the growth rate decreased 0.2 percentage points over the first four months; that in the secondary industry amounted to 5,870.0 billion yuan, increased 4.6 percent, a decrease of 1.5 percentage points; that in the tertiary industry was 5.359.9 billion yuan, went up by 2.2 percent, decreased 1.2 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 5.813.9 billion yuan, a year-on-year increase of 4.6 percent, and the growth rate went down by 1.5 percentage points over the first four months, of which, that of mining industry was 180.9 billion yuan, decreased 11.1 percent, and the pace of decline widened by 4.0 percentage points; that of the manufacturing industry was 5,286.8 billion yuan, increased 3.9 percent, down by 1.5 percentage points; that of the production and supply of electric power, heat power, gas and water was 346.3 billion yuan, increased 29.1 percent, up by 0.3 percentage points.

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

Private Investment in Fixed Assets	116384	3.9
Grouped by Different Areas
Eastern Region	55933	8.0
Central Region	34175	5.7
Western Region	21401	2.0
Northeastern Region	4876	-29.3
Grouped by Types of Industry
Primary Industry	4086	17.9
Secondary Industry	58700	4.6
Tertiary Industry	53599	2.2
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	4583	16.4
Mining	1809	-11.1
Of which: Mining and Washing of Coal	461	-27.4
Extraction of Petroleum and Natural Gas	63	5.6
Ore Mining, Smelting and Pressing of Ferrous Metals	240	-32.7
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	358	12.3
Ore Mining, Processing of Non-Metallic Minerals	616	4.0
Manufacturing	52868	3.9
Of which: Manufacture of Non-metallic Mineral Products	4983	-3.3
Smelting and Pressing of Ferrous Metals	1172	10.2
Smelting and Pressing of Non-Ferrous Metal	1561	-2.2
Manufacture of General Purpose Machinery	4134	3.2
Manufacture of Special Purpose Machinery	3628	0.1
Manufacture of automobile	3230	18.1
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	717	-3.4
Manufacture of Electrical Machinery & Equipment	3750	9.8
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	2160	3.6
Production and Supply of Electricity ,Gas and Water	3463	29.1
Of which: Production and Supply of Electric Power and Heat Power	2690	40.8
Construction	671	0.2
Transport, Storage and Post	3873	2.5
Of which: Railway Transportation	57	-33.2
Road Transportation	1459	8.3
Management of Water Conservancy, Environment and Public Facilities	4608	9.4
Of which: Management on Water Resource	368	15.4
Management on Public Facilities	3979	9.2
Education	769	12.3
Health, Social Works	710	24.6
Culture, Sports and Entertainment	1212	-2.0
Public Management, Social Security and Social Organizations	608	-12.3

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.