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

National Bureau of Statistics of China 2016-07-15 16:42 Print| Large| Medium| Small

In the first six months of 2016, the private investment in fixed assets reached 15,879.7  billion yuan, a year-on-year increase of 2.8 percent in nominal terms (the real growth rate was 4.7 percent, after deducting price factors), and the growth rate was 1.1 percentage points lower than that in the first five months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 61.5 percent, 3.6 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 7,320.8 billion yuan, rose by 8.2 percent year-on-year, an increase of 0.2 percentage points over the first five months; that of central region, 4,636.8 billion yuan, increased 5.1 percent, a decrease of 0.6 percentage points; that of western region, 3,061.8 billion yuan, increased 1.9 percent, a decrease of 0.1 percentage point; that of northeastern region, 860.4 billion yuan, decreased 31.9 percent, and the pace of decline widened by 2.6 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 597.3 billion yuan, a year-on-year increase of 19.7 percent, and the growth rate increased 1.8 percentage points over the first five months; that in the secondary industry amounted to 7,948.6 billion yuan, increased 2.8 percent, a decrease of 1.8 percentage points; that in the tertiary industry was 7,333.8 billion yuan, went up by 1.6 percent, decreased 0.6 percentage points.

 

Of the secondary industry, industrial private investment in fixed assets reached 7,868.8 billion yuan, a year-on-year increase of 2.9 percent, and the growth rate went down by 1.7 percentage points over the first five months, of which, that of mining industry was 254.4 billion yuan, decreased 17.7 percent, and the pace of decline widened by 6.6 percentage points; that of the manufacturing industry was 7,124.3 billion yuan, increased 2.5 percent, down by 1.4 percentage points; that of the production and supply of electric power, heat power, gas and water was 490.1 billion yuan, increased 27.2 percent, down by 1.9 percentage points.

 

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

 

Indicators

Jan-Jun

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

158797

2.8

Grouped by Different Areas

 

 

 Eastern Region

73208

8.2

 Central Region

46368

5.1

 Western Region

30618

1.9

  Northeastern Region

8604

-31.9

Grouped by Types of Industry

 

 

Primary Industry

5973

19.7

 Secondary Industry

79486

2.8

 Tertiary Industry

73338

1.6

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

6673

17.5

 Mining

2544

-17.7

  Of which: Mining and Washing of Coal

656

-32.4

      Extraction of Petroleum and Natural Gas

90

-5.9

      Ore Mining, Smelting and Pressing of Ferrous Metals

352

-38.3

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

494

5.4

      Ore Mining, Processing of Non-Metallic Minerals

855

-2.0

 Manufacturing

71243

2.5

  Of which: Manufacture of Non-metallic Mineral Products

6826

-4.7

      Smelting and Pressing of Ferrous Metals

1507

   1.2

      Smelting and Pressing of Non-Ferrous Metal

2120

-7.4

      Manufacture of General Purpose Machinery

5415

0.2

      Manufacture of Special Purpose Machinery

4773

-3.4

      Manufacture of automobile

4214

11.0

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

938

-6.2

      Manufacture of Electrical Machinery & Equipment

4968

9.7

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

2833

3.2

 Production and Supply of Electricity ,Gas and Water

4901

27.2

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

3830

38.9

 Construction

960

-6.8

 Transport, Storage and Post

5312

1.9

  Of which: Railway Transportation

84

-31.9

      Road Transportation

1950

6.8

 Management of Water Conservancy, Environment and Public Facilities

6359

8.4

  Of which: Management on Water Resource

532

26.1

      Management on Public Facilities

5463

7.5

 Education

1098

17.4

 Health, Social Works

989

21.1

 Culture, Sports and Entertainment

1716

-1.4

 Public Management, Social Security and Social Organizations

830

-11.9

 

 

 

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.