Private Investment in Fixed Assets for the First Four Months of 2017
National Bureau of Statistics of China2017-05-16 15:49




In the first four months of 2017, the private investment in fixed assets reached 8,805.3 billion yuan, a year-on-year increase of 6.9 percent in nominal terms, and the growth rate was 0.8 percentage points lower than that of the first three months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 61.0 percent.

 

 

 

In term of different areas, the private investment in fixed assets in eastern region amounted to 4,432.3 billion yuan, rose by 8.7 percent year-on-year, and the growth rate was 1.2 percentage points lower than that of the first three months; that of central region, 2,594.9 billion yuan, increased 8.8 percent, and the growth rate decreased 0.1 percentage point; that of western region, 1,582.5 billion yuan, increased 6.4 percent, and the growth rate increased 1.4 percentage points; that of northeastern region, 195.6 billion yuan, decreased 28.2 percent, and the pace of decline extended by 0.7 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 320.7 billion yuan, increased 20.0 percent year-on-year, and the growth rate decreased 1.1 percentage points from the first three months; that in the secondary industry amounted to 4,285.1 billion yuan, increased 3.8 percent, a decrease of 1.1 percentage points; that in the tertiary industry was 4,199.5 billion yuan, went up by 9.2 percent, a decrease of 0.6 percentage points.

 

Of the secondary industry, industrial private investment in fixed assets reached 4,252.9 billion yuan, increased 3.9 percent year-on-year, and the growth rate decreased 1.3 percentage points from the first three months, of which, that of mining industry was 100.7 billion yuan, decreased 17.6 percent, and the pace of decline narrowed by 1.0 percentage point; that of the manufacturing industry was 3,899.8 billion yuan, increased 4.4 percent, down by 1.0 percentage point; that of the production and supply of electric power, heat power, gas and water was 252.4 billion yuan, increased 7.6 percent, down by 5.8 percentage points.

 

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

 

Indicators

Jan-Apr

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

88053

6.9

Grouped by Different Areas

 

 

 Eastern Region

44323

8.7

 Central Region

25949

8.8

 Western Region

15825

6.4

  Northeastern Region

1956

-28.2

Grouped by Types of Industry

 

 

Primary Industry

3207

20.0

 Secondary Industry

42851

3.8

 Tertiary Industry

41995

9.2

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

3532

17.9

 Mining

1007

-17.6

  Of which: Mining and Washing of Coal

255

-17.2

      Extraction of Petroleum and Natural Gas

38

-1.5

      Ore Mining, Smelting and Pressing of Ferrous Metals

95

-39.9

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

202

-13.6

      Ore Mining, Processing of Non-Metallic Minerals

390

-10.4

 Manufacturing

38998

4.4

  Of which: Manufacture of Non-metallic Mineral Products

3440

-1.2

      Smelting and Pressing of Ferrous Metals

735

-14.2

      Smelting and Pressing of Non-Ferrous Metal

957

-12.4

      Manufacture of General Purpose Machinery

2941

-0.6

      Manufacture of Special Purpose Machinery

2672

2.4

      Manufacture of automobile

2488

6.6

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

519

2.1

      Manufacture of Electrical Machinery & Equipment

2912

6.9

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

2008

26.0

 Production and Supply of Electricity ,Gas and Water

2524

7.6

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

1929

6.7

 Construction

400

-5.8

 Transport, Storage and Post

2805

2.3

  Of which: Railway Transportation

35

-16.6

      Road Transportation

1053

4.5

 Management of Water Conservancy, Environment and Public Facilities

4064

29.4

  Of which: Management on Water Resource

272

6.4

      Management on Public Facilities

3549

31.4

 Education

594

11.9

 Health, Social Works

646

29.7

 Culture, Sports and Entertainment

970

10.9

 Public Management, Social Security and Social Organizations

328

-26.6

 

 

 

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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