Investment in Fixed Assets for the First Eleven Months of 2016
National Bureau of Statistics of China2016-12-14 14:44




In the first eleven months of 2016, the investment in fixed assets (excluding rural households) reached 53,854.8 billion yuan, up by 8.3 percent year-on-year in nominal terms, and the growth rate remained at the same level compared with that in the first ten months. In November, the investment in fixed assets (excluding rural households) increased 0.54 percent, month-on-month.

 

 

 

In term of different industries, the investment in primary industry was 1,709.9 billion yuan, went up by 21.9 percent year-on-year, a decrease of 0.1 percentage point over the first ten months; that of secondary industry was 21,006.2 billion yuan, went up by 3.3 percent, an increase of 0.4 percentage points; that of tertiary industry was 31,138.7 billion yuan, went up by 11.3 percent, a decrease of 0.2 percentage points.

 

In secondary industry, the investment in industry reached 20,636.1 billion yuan, increased 3.4 percent year-on-year, and the growth rate increased 0.4 percentage points over the first ten months. Of which, the investment in mining industry stood at 919.9 billion yuan, went down by 20.2 percent, and the pace of decline narrowed by 0.7 percentage points; that of manufacture, 17,015.2 billion yuan, increased 3.6 percent, and the growth rate increased 0.5 percentage points over the first ten months; that of production and supply of electric power, heat power, gas and water, 2,700.9 billion yuan, increased 13.2 percent, a decrease of 0.7 percentage points over the first ten months.

 

In tertiary industry, the investment in infrastructure (excluding electric power, heat power, gas and water) was 10,593.8 billion yuan, increased 18.9 percent year-on-year, and the growth rate decreased 0.5 percentage points over the first ten months. Of which, the investment in management of water conservancy increased 20.2 percent, down by 0.7 percentage points; that of management of public facilities increased 23.5 percent, down by 0.1 percentage point; that of transport via road increased 16.9 percent, up by 1.3 percentage points; that of transport via railway increased 5.0 percent, down by 4.3 percentage points.

 

In term of different areas, the investment in eastern region amounted to 22,524.0 billion yuan, rose by 9.5 percent year-on-year, and the growth rate dropped by 0.1 percentage point over the first ten months; that of central region, 13,994.9 billion yuan, increased 12.6 percent, a decrease of 0.1 percentage point; that of western region, 14,061.2 billion yuan, increased 12.6 percent, a decrease of 0.1 percentage points; that of northeastern region, 2,879.7 billion yuan, decreased 24.7 percent, and the pace of decline narrowed by 0.8 percentage points.

 

In term of types of registration, the investment by domestic enterprises was 51,286.1 billion yuan, went up by 8.0 percent year-on-year, and the growth rate remained at the same level over the first ten months; investment by funds from Hong Kong, Macao and Taiwan was 1,274.1 billion yuan, went up by 17.2 percent, a decrease of 0.7 percentage points; and the investment by foreign funds was 1,099.1 billion yuan, up by 12.8 percent, a decrease of 0.4 percentage points.

 

In terms of jurisdiction of project management, the central investment reached 2,151.5 billion yuan, increased 0.7 percent year-on-year, and the growth rate decreased 1.9 percentage points over the first ten months; the local investment was 51,703.3 billion yuan, up by 8.8 percent, an increase of 0.1 percentage point.

 

Analysis on projects under construction or started this year showed that, the total planned investment in projects under construction reached 106,942.3 billion yuan, up by 9.1 percent year-on-year, and the growth rate remained at the same level over the first ten months. The total planned investment in newly started projects was 45,254.8 billion yuan, up by 21.0 percent year-on-year, a decrease of 0.8 percentage points.

 

In terms of paid-in funds, 54,846.2 billion yuan had been invested, rose by 5.4 percent year-on-year, and the growth rate remained at the same level over the first ten months. Of this total, the growth of government budgetary funds went up by 16.5 percent, an increase of 0.4 percentage points, investment from domestic loans went up by 8.9 percent, an increase of 1.0 percentage point, that from self-raising funds went down by 0.4 percent, and the pace of decline extended by 0.1 percentage point, that from foreign investment decreased 20.4 percent, and the pace of decline extended by 0.2 percentage points, other investment went up by 31.5 percent, a decrease of 1.0 percentage point.

 

 

 

Investment in Fixed Assets for the First Eleven Months of 2016

 

Indicators

Jan-Nov

Absolute Value

Increase rate Y/Y

(%)

 

 

 

Investment in Fixed Assets (Exclude Rural Households) (100 million yuan)

538548

8.3

  Of which: State-owned and State Holding

191080

20.2

    Of which: Private Investment

331067 

3.1 

Grouped by Jurisdiction of Project Management

 

 

 Central Investment

21515

0.7

 Local Investment

517033

8.8

Grouped by Constitution

 

 

  Construction and Installation

376714

9.6

  Purchase of Equipment and Instruments

98854

1.4

  Other Expenses

62979

12.3

Grouped by Types of Industry

 

 

 Primary Industry

17099

21.9

 Secondary Industry

210062

3.3

 Tertiary Industry

311387

11.3

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

20692

20.1

 Mining

9199

-20.2

  Of which: Mining and Washing of Coal

2764

-23.2

      Extraction of Petroleum and Natural Gas

1869

-33.9

      Ore Mining, Smelting and Pressing of Ferrous Metals

905

-29.1

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

1346

-9.0

      Ore Mining, Processing of Non-Metallic Minerals

1936

1.8

 Manufacturing

170152

3.6

Of which: Processing of Food from Agricultural Products

10648

9.5

Manufacture of Foods

5289

13.8

           Manufacture of Textile

5991

9.3

Manufacture of Chemical Raw Material and Chemical Products

13399

-2.4

Manufacture of Medicines

5747

8.5

Manufacture of Rubber and Plastics Products

6366

7.0

         Manufacture of Non-metallic Mineral Products

15291

-0.4

      Smelting and Pressing of Ferrous Metals

3829

-1.1

      Smelting and Pressing of Non-Ferrous Metal

4928

-5.6

Manufacture of Fabricated Metal Products

9190

6.6

      Manufacture of General Purpose Machinery

11844

-2.8

      Manufacture of Special Purpose Machinery

10893

-3.4

      Manufacture of Automobile

10904

3.5

      Manufacture of Railways, Shipbuilding, Aerospace and Other Transportation Equipment

2601

-11.6

      Manufacture of Electrical Machinery & Equipment

11603

12.8

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

9377

14.7

 Production and Supply of Electricity ,Gas and Water

27009

13.2

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

20637

14.2

 Construction

4271

-5.9

 Transport, Storage and Post

47737

11.7

  Of which: Railway Transportation

6661

5.0

      Road Transportation

29455

16.9

 Management of Water Conservancy, Environment and Public Facilities

61412

23.9

  Of which: Management on Water Resource

7769

20.2

      Management on Public Facilities

50827

23.5

 Education

8389

22.1

 Health, Social Works

5587

21.3

 Culture, Sports and Entertainment

7032

16.5

 Public Management, Social Security and Social Organizations

7017

6.1

Grouped by Registration Type

 

 

 Domestic Funded

512861

8.0

 Funds from Hong Kong, Macao and Taiwan

12741

17.2

 Foreign Investment

10991

12.8

Grouped by Construction and New Projects

 

 

 Total Investment in Construction Project

1069423

9.1

 Total Planned Investment in New Projects

452548

21.0

Funds in Place for Investment (Exclude Rural Households)

548462

5.4

  Of which: Government Budgetary Funds

32154

16.5

      Domestic Loans

60079

8.9

      Foreign Investment

2078

-20.4

      Self-Raising Funds

367783

-0.4

      Other Funds

86368

31.5

 

 

 

Note:

1.The growth rate in this table are all nominal growth rate.

2.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

 

Investment in fixed assets (excluding rural households): refers to the total workload on construction and purchase for fixed assets during a certain period in the form of currency, as well as the concerning expenses.

 

Paid-in fund: refers to all funds received by investment units used for fixed assets during the reference period, including state budgetary fund, domestic loans, foreign investment, self-raised funds, and others.

 

Newly started project: refers to all newly started construction projects during the reference period.

 

Stat-holding Enterprises: including absolutely state-holding enterprises, relatively state-holding enterprises and consultatively state-holding enterprises. Absolutely state-holding enterprises refer to those enterprises that the proportion of state investment capital to the total actual capital (or capital stock) is larger than 50 percent.

 

Relatively state-holding enterprises refer to those enterprises that the proportion of state investment capital to the total actual capital (or capital stock) is less than 50 percent, but larger than any other single share holders. Consultatively state-holding enterprises refer to those enterprises that the proportion of state investment capital to the total actual capital (or capital stock) is less than other share holders, but owning the real control power regulated by agreement.

 

The enterprises which the proportion of investment capital of the two investors is 50 percent, and the share holding control power is not clearly stated by either side, if one of them is state-owned, are all classified as the state-holding enterprises without exception.

 

The investment projects invested by the administrative and institutional units are all classified as state-holding.

 

Types of Registration: the types of registration on the enterprises are based on the Provisions for the Classification of Types of Enterprise Registration jointly issued by NBS and State Administration of Industry and Commerce. And that on the individual operation is based on Note on the Code & Classification of Types of Individual Operation Registration.

 

According to the provision of statistical reporting system, all grassroots units shall fill in registration types. The registration types shall be filled in by the enterprises or individual operation units engaged in investment in fixed assets. Those who have already registered in the industrial and commercial administrative units, shall fill in based on the registration types, if unregistered, shall be filled in based on the registration types of investors or that on the provisions of related papers.

 

Domestic enterprise includes state-owned enterprise, collective enterprise, joint enterprise, limited liability enterprise, share-holding enterprise, private enterprise and others.

 

Enterprises with funds from Hong Kong, Macao and Taiwan includes joint-venture and cooperation by Hong Kong, Macao and Taiwan, Hong Kong, Macao and Taiwan Sole Investment, Hong Kong, Macao and Taiwan Funded Share-holding Corporations Ltd., and other investment enterprises by Hong Kong, Macao and Taiwan.

 

Foreign investment enterprise includes joint-venture and cooperation enterprises, foreign funded enterprise, foreign funded share-holding corporations Ltd., and other foreign investment enterprises.

 

2. Statistical Coverage

 

Refers to construction projects on fixed assets and real estates involving a total planned investment of 5 million yuan and over.

 

3. Data Collection

 

The report of investment on fixed assets is collected monthly with complete enumeration (no report in January).

 

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

 

Since 2012, NBS performed the new standard on industrial classification for national economic activities (GB/T 4754-2011), please refer to  http://www.stats.gov.cn/tjsj/tjbz/hyflbz. 

 

6. Explanatory Notes on Growth Rate

 

The growth rate of investment in fixed assets are calculated in nominal except that in Jan.- Mar., Jan.-Jun., Jan-Sep. and Jan.-Dec. in case of the price indices of investment in fixed assets are calculated on quarterly.

 

7. Revision on Month-on-Month Data

 

According to the auto-revision function of the seasonal adjustment model, the month-on-month growth rate of investment on fixed assets from November 2015 to November 2016 has been revised as follows:

 

The Month-on-Month Growth Rate of Investment on Fixed Assets

(Excluding Rural Households)

 

 

Growth Rate (%)

 

 

2015-November

0.91

December

0.85

2016-January

0.78

February

0.71

March

0.78

April

0.72

May

0.73

June

0.65

July

0.53

August

0.59

September

0.56

October

0.55

November

0.54

 

 

 

FAQs  |  About NBS  |  Contact Us  |  Copyright National Bureau of Statistics of China,2012