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

National Bureau of Statistics of China 2016-12-14 14:48 Print| Large| Medium| Small

In the first eleven months of 2016, the private investment in fixed assets reached 33,106.7  billion yuan, a year-on-year increase of 3.1 percent in nominal terms, and the growth rate was 0.2 percentage points higher than that in the first ten months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 61.5 percent, the same with that in the first ten months, and was 3.1 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 14,925.8 billion yuan, rose by 7.0 percent year-on-year, and the growth rate 0.1 percentage point lower than that in the first ten months; that of central region, 9,637.1 billion yuan, increased 6.0 percent, and the growth rate decreased 0.2 percentage points; that of western region, 6,524.5 billion yuan, increased 2.9 percent, and the growth rate increased 0.4 percentage points; that of northeastern region, 2,019.3 billion yuan, decreased 26.0 percent, and the pace of decline narrowed by 0.8 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 1,357.9 billion yuan, a year-on-year increase of 18.6 percent, and the growth rate decreased 0.4 percentage points over the first ten months; that in the secondary industry amounted to 16,560.5 billion yuan, increased 2.9 percent, an increase of 0.5 percentage points; that in the tertiary industry was 15,188.3 billion yuan, went up by 2.0 percent, a decrease of 0.1 percentage point.

 

Of the secondary industry, industrial private investment in fixed assets reached 16,419.2 billion yuan, a year-on-year increase of 3.1 percent, and the growth rate increased 0.5 percentage points over the first ten months, of which, that of the manufacturing industry was 14,852.3 billion yuan, increased 3.1 percent, and the growth rate increased 0.5 percentage points; that of the production and supply of electric power, heat power, gas and water was 999.3 billion yuan, increased 15.1 percent, down by 0.3 percentage points; that of mining industry was 567.6 billion yuan, decreased 12.1 percent, and the pace of decline narrowed by 1.1 percentage points.

 

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

 

Indicators

Jan-Nov

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

331067

3.1

Grouped by Different Areas

 

 

 Eastern Region

149258

7.0

 Central Region

96371

6.0

 Western Region

65245

2.9

  Northeastern Region

20193

-26.0

Grouped by Types of Industry

 

 

Primary Industry

13579

18.6

 Secondary Industry

165605

2.9

 Tertiary Industry

151883

2.0

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

15191

16.3

 Mining

5676

-12.1

  Of which: Mining and Washing of Coal

1688

-16.5

      Extraction of Petroleum and Natural Gas

228

-6.0

      Ore Mining, Smelting and Pressing of Ferrous Metals

709

-36.2

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

976

-4.8

      Ore Mining, Processing of Non-Metallic Minerals

1823

1.0

 Manufacturing

148523

3.1

  Of which: Manufacture of Non-metallic Mineral Products

14286

-2.6

      Smelting and Pressing of Ferrous Metals

3149

  2.3

      Smelting and Pressing of Non-Ferrous Metal

4129

-6.7

      Manufacture of General Purpose Machinery

10993

-3.3

      Manufacture of Special Purpose Machinery

9776

-4.2

      Manufacture of automobile

8620

9.4

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

1942

-5.0

      Manufacture of Electrical Machinery & Equipment

10162

9.4

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

5882

6.9

 Production and Supply of Electricity ,Gas and Water

9993

15.1

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

7691

23.3

 Construction

1812

-14.0

 Transport, Storage and Post

10940

-2.4

  Of which: Railway Transportation

183

-29.1

      Road Transportation

4007

2.2

 Management of Water Conservancy, Environment and Public Facilities

13817

6.5

  Of which: Management on Water Resource

1076

13.9

      Management on Public Facilities

11925

6.0

 Education

2229

17.2

 Health, Social Works

2199

18.9

 Culture, Sports and Entertainment

3626

3.4

 Public Management, Social Security and Social Organizations

1547

-22.1

 

 

 

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.