Private Investment in Fixed Assets for the First Eight Months of 2016
National Bureau of Statistics of China2016-09-20 10:38




In the first eight months of 2016, the private investment in fixed assets reached 22,500.5  billion yuan, a year-on-year increase of 2.1 percent in nominal terms, and the growth rate remained at the same level compared with that in the first seven months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 61.4 percent, the same with that in the first seven months, and was 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 10,163.9 billion yuan, rose by 7.1 percent year-on-year, and the growth rate remained at the same level over the first seven months; that of central region, 6,541.5 billion yuan, increased 5.6 percent, and the growth rate remained at the same level; that of western region, 4,379.2 billion yuan, increased 1.4 percent, an increase of 0.1 percentage point; that of northeastern region, 1,415.9 billion yuan, decreased 30.3 percent, and the pace of decline narrowed by 1.3 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 901.1 billion yuan, a year-on-year increase of 18.5 percent, and the growth rate increased 0.8 percentage points over the first seven months; that in the secondary industry amounted to 11,300.1 billion yuan, increased 2.1 percent, a decrease of 0.1 percentage point; that in the tertiary industry was 10,299.4 billion yuan, went up by 1.0 percent, increased 0.1 percentage point.

 

Of the secondary industry, industrial private investment in fixed assets reached 11,196.1 billion yuan, a year-on-year increase of 2.2 percent, and the growth rate went down by 0.2 percentage points over the first seven months, of which, that of the manufacturing industry was 10,139.3 billion yuan, increased 2.1 percent, and the growth rate increased 0.8 percentage points over the first seven months; that of the production and supply of electric power, heat power, gas and water was 689.8 billion yuan, increased 20.9 percent, down by 2.7 percentage points; that of mining industry was 366.9 billion yuan, decreased 19.6 percent, and the pace of decline widened by 0.6 percentage points.

 

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

 

Indicators

Jan-Aug

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

225005

2.1

Grouped by Different Areas

 

 

 Eastern Region

101639

7.1

 Central Region

65415

5.6

 Western Region

43792

1.4

  Northeastern Region

14159

-30.3

Grouped by Types of Industry

 

 

Primary Industry

9011

18.5

 Secondary Industry

113001

2.1

 Tertiary Industry

102994

1.0

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

10081

16.5

 Mining

3669

-19.6

  Of which: Mining and Washing of Coal

1010

-29.9

      Extraction of Petroleum and Natural Gas

133

-21.4

      Ore Mining, Smelting and Pressing of Ferrous Metals

505

-36.7

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

676

-7.0

      Ore Mining, Processing of Non-Metallic Minerals

1205

-4.6

 Manufacturing

101393

2.1

  Of which: Manufacture of Non-metallic Mineral Products

9690

-4.2

      Smelting and Pressing of Ferrous Metals

2184

 2.0

      Smelting and Pressing of Non-Ferrous Metal

2923

-7.9

      Manufacture of General Purpose Machinery

7643

-2.3

      Manufacture of Special Purpose Machinery

6733

-4.9

      Manufacture of automobile

6065

13.5

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

1332

-7.3

      Manufacture of Electrical Machinery & Equipment

6958

8.2

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

3988

5.5

 Production and Supply of Electricity ,Gas and Water

6898

20.9

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

5389

32.6

 Construction

1272

-11.2

 Transport, Storage and Post

7600

0.6

  Of which: Railway Transportation

209

8.1

      Road Transportation

2713

4.1

 Management of Water Conservancy, Environment and Public Facilities

9059

4.7

  Of which: Management on Water Resource

728

17.8

      Management on Public Facilities

7791

3.7

 Education

1492

15.7

 Health, Social Works

1423

17.5

 Culture, Sports and Entertainment

2438

-1.2

 Public Management, Social Security and Social Organizations

1053

-21.7

 

 

 

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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