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

National Bureau of Statistics of China 2017-04-18 16:12 Print| Large| Medium| Small

In the first three months of 2017, the private investment in fixed assets reached 5,731.3 billion yuan, a year-on-year increase of 7.7 percent in nominal terms, and the growth rate was 1.0 percentage point higher than that of the first two months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 61.1 percent.

In term of different areas, the private investment in fixed assets in eastern region amounted to 2,994.6 billion yuan, rose by 9.9 percent year-on-year, and the growth rate was 1.0 percentage point higher than that of the first two months; that of central region, 1,610.0 billion yuan, increased 8.9 percent, and the growth rate decreased 0.1 percentage point; that of western region, 1,024.7 billion yuan, increased 5.0 percent, and the growth rate increased 4.0 percentage points; that of northeastern region, 102.1 billion yuan, decreased 27.5 percent, and the pace of decline narrowed by 13.8 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 194.6 billion yuan, increased 21.1 percent year-on-year, and the growth rate increased 2.2 percentage points over the first two months; that in the secondary industry amounted to 2,743.8 billion yuan, increased 4.9 percent, an increase of 2.0 percentage points; that in the tertiary industry was 2,793.0 billion yuan, went up by 9.8 percent, an increase of 0.4 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 2,723.8 billion yuan, increased 5.2 percent year-on-year, and the growth rate increased 1.8 percentage points over the first two months, of which, that of mining industry was 59.5 billion yuan, decreased 18.6 percent, and the pace of decline extended by 1.9 percentage points; that of the manufacturing industry was 2,507.9 billion yuan, increased 5.4 percent, up by 2.1 percentage points; that of the production and supply of electric power, heat power, gas and water was 156.4 billion yuan, increased 13.4 percent, down by 0.9 percentage points.

Private Investment in Fixed Assets for the First Three Months of 2017
Indicators	Jan-Mar
	Absolute Value	Increase rate Y/Y
	(100 Million Yuan)	(%)

Private Investment in Fixed Assets	57313	7.7
Grouped by Different Areas
Eastern Region	29946	9.9
Central Region	16100	8.9
Western Region	10247	5.0
Northeastern Region	1021	-27.5
Grouped by Types of Industry
Primary Industry	1946	21.1
Secondary Industry	27438	4.9
Tertiary Industry	27930	9.8
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	2145	18.5
Mining	595	-18.6
Of which: Mining and Washing of Coal	144	-24
Extraction of Petroleum and Natural Gas	27	64.8
Ore Mining, Smelting and Pressing of Ferrous Metals	59	-39
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	116	-6.9
Ore Mining, Processing of Non-Metallic Minerals	233	-14.9
Manufacturing	25079	5.4
Of which: Manufacture of Non-metallic Mineral Products	2177	-0.9
Smelting and Pressing of Ferrous Metals	477	-11.3
Smelting and Pressing of Non-Ferrous Metal	594	-7.9
Manufacture of General Purpose Machinery	1945	1.8
Manufacture of Special Purpose Machinery	1767	5.2
Manufacture of automobile	1664	6.9
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	339	4.2
Manufacture of Electrical Machinery & Equipment	1932	9.5
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	1377	26.8
Production and Supply of Electricity ,Gas and Water	1564	13.4
Of which: Production and Supply of Electric Power and Heat Power	1179	11.7
Construction	248	-20.7
Transport, Storage and Post	1772	2.4
Of which: Railway Transportation	23	4.4
Road Transportation	677	11.1
Management of Water Conservancy, Environment and Public Facilities	2557	30.1
Of which: Management on Water Resource	183	11.8
Management on Public Facilities	2227	32.1
Education	383	8.8
Health, Social Works	414	34.2
Culture, Sports and Entertainment	600	10.1
Public Management, Social Security and Social Organizations	207	-26.5

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