Private Investment in Fixed Assets for the First Two Months of 2017
National Bureau of Statistics of China2017-03-15 15:48




In the first two months of 2017, the private investment in fixed assets reached 2,497.7 billion yuan, a year-on-year increase of 6.7 percent in nominal terms, and the growth rate was 3.5 percentage points higher than that of 2016. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 60.4 percent.

 

 

 

In term of different areas, the private investment in fixed assets in eastern region amounted to 1,357.9 billion yuan, rose by 8.9 percent year-on-year; that of central region, 679.5 billion yuan, increased 9.0 percent; that of western region, 438.5 billion yuan, increased 1.0 percent; that of northeastern region, 21.9 billion yuan, decreased 41.3 percent.

 

In term of different industries, the private investment in fixed assets in primary industry reached 73.9 billion yuan, increased 18.9 percent year-on-year; that in the secondary industry amounted to 1,117.9 billion yuan, increased 2.9 percent; that in the tertiary industry was 1,305.9 billion yuan, went up by 9.4 percent.

 

Of the secondary industry, industrial private investment in fixed assets reached 1,109.9 billion yuan, increased 3.4 percent year-on-year, of which, that of mining industry was 20.8 billion yuan, decreased 16.7 percent; that of manufacturing industry was 1,028.3 billion yuan, increased 3.3 percent; that of production and supply of electric power, heat power, gas and water was 60.8 billion yuan, increased 14.3 percent.

 

Private Investment in Fixed Assets for the First Two Months of 2017

 

Indicators

Jan-Feb

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

24977

6.7

Grouped by Different Areas

 

 

 Eastern Region

13579

8.9

 Central Region

6795

9

 Western Region

4385

1

  Northeastern Region

219

-41.3

Grouped by Types of Industry

 

 

Primary Industry

739

18.9

 Secondary Industry

11179

2.9

 Tertiary Industry

13059

9.4

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

808

14.7

 Mining

208

-16.7

  Of which: Mining and Washing of Coal

48

-28.6

      Extraction of Petroleum and Natural Gas

9

116.1

      Ore Mining, Smelting and Pressing of Ferrous Metals

22

-21.3

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

35

-12

      Ore Mining, Processing of Non-Metallic Minerals

88

-11.3

 Manufacturing

10283

3.3

  Of which: Manufacture of Non-metallic Mineral Products

865

-4.2

      Smelting and Pressing of Ferrous Metals

176

-22.4

      Smelting and Pressing of Non-Ferrous Metal

231

-11.1

      Manufacture of General Purpose Machinery

836

3.2

      Manufacture of Special Purpose Machinery

764

3.1

      Manufacture of automobile

686

14.1

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

143

-2.3

      Manufacture of Electrical Machinery & Equipment

845

11.8

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

592

11.8

 Production and Supply of Electricity ,Gas and Water

608

14.3

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

462

14.2

 Construction

97

-31.7

 Transport, Storage and Post

783

3

  Of which: Railway Transportation

7

-11.9

      Road Transportation

286

-0.3

 Management of Water Conservancy, Environment and Public Facilities

1046

43

  Of which: Management on Water Resource

71

8.1

      Management on Public Facilities

926

49

 Education

168

9.3

 Health, Social Works

165

37.1

 Culture, Sports and Entertainment

239

10.6

 Public Management, Social Security and Social Organizations

89

-31.7

 

 

 

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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