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

National Bureau of Statistics of China 2017-06-15 10:39 Print| Large| Medium| Small

In the first five months of 2017, the private investment in fixed assets reached 12,432.9 billion yuan, a year-on-year increase of 6.8 percent in nominal terms, and the growth rate was 0.1 percentage point lower than that of the first four months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 61.0 percent, unchanged from the first four months.

In term of different areas, the private investment in fixed assets in eastern region amounted to 6,087.6 billion yuan, rose by 8.7 percent year-on-year, and the growth rate remained at the same level with the first four months; that of central region, 3,680.8 billion yuan, increased 8.7 percent, and the growth rate decreased 0.1 percentage point; that of western region, 2,278.1 billion yuan, increased 6.3 percent, and the growth rate decreased 0.1 percentage point; that of northeastern region, 386.5 billion yuan, decreased 20.7 percent, and the pace of decline narrowed by 7.5 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 477.8 billion yuan, increased 16.9 percent year-on-year, and the growth rate decreased 3.1 percentage points from the first four months; that in the secondary industry amounted to 6,107.4 billion yuan, increased 4.0 percent, an increase of 0.2 percentage points; that in the tertiary industry was 5,847.6 billion yuan, went up by 9.1 percent, a decrease of 0.1 percentage point.

Of the secondary industry, industrial private investment in fixed assets reached 6,064.4 billion yuan, increased 4.3 percent year-on-year, and the growth rate increased 0.4 percentage points from the first four months, of which, that of mining industry was 148.5 billion yuan, decreased 17.9 percent, and the pace of decline extended by 0.3 percentage points; that of the manufacturing industry was 5,544.8 billion yuan, increased 4.9 percent, up by 0.5 percentage point; that of the production and supply of electric power, heat power, gas and water was 371.1 billion yuan, increased 7.2 percent, down by 0.4 percentage points.

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

Private Investment in Fixed Assets	124329	6.8
Grouped by Different Areas
Eastern Region	60876	8.7
Central Region	36808	8.7
Western Region	22781	6.3
Northeastern Region	3865	-20.7
Grouped by Types of Industry
Primary Industry	4778	16.9
Secondary Industry	61074	4.0
Tertiary Industry	58476	9.1
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	5267	14.9
Mining	1485	-17.9
Of which: Mining and Washing of Coal	375	-18.7
Extraction of Petroleum and Natural Gas	50	-21.0
Ore Mining, Smelting and Pressing of Ferrous Metals	152	-36.7
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	304	-15.2
Ore Mining, Processing of Non-Metallic Minerals	555	-9.9
Manufacturing	55448	4.9
Of which: Manufacture of Non-metallic Mineral Products	4951	-0.7
Smelting and Pressing of Ferrous Metals	1040	-11.3
Smelting and Pressing of Non-Ferrous Metal	1407	-9.9
Manufacture of General Purpose Machinery	4169	0.8
Manufacture of Special Purpose Machinery	3738	3.0
Manufacture of automobile	3544	9.7
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	752	4.9
Manufacture of Electrical Machinery & Equipment	4107	9.5
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	2795	29.4
Production and Supply of Electricity ,Gas and Water	3711	7.2
Of which: Production and Supply of Electric Power and Heat Power	2864	6.5
Construction	552	-17.8
Transport, Storage and Post	3940	1.7
Of which: Railway Transportation	51	-10.9
Road Transportation	1487	2.0
Management of Water Conservancy, Environment and Public Facilities	5803	25.9
Of which: Management on Water Resource	395	7.2
Management on Public Facilities	5055	27.0
Education	836	8.7
Health, Social Works	910	28.1
Culture, Sports and Entertainment	1405	15.9
Public Management, Social Security and Social Organizations	486	-20.1

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