Private Investment in Fixed Assets for the First Three Months of 2017
National Bureau of Statistics of China2017-04-18 16:12




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

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