Private Investment in Fixed Assets for the First Eight Months of 2017
National Bureau of Statistics of China2017-09-15 15:57




In the first eight months of 2017, the private investment in fixed assets reached 23,914.8 billion yuan, a year-on-year increase of 6.4 percent in nominal terms, and the growth rate was 0.5 percentage points lower than that of the first seven months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 60.7 percent, unchanged from the first seven months.

 

 

In term of different areas, the private investment in fixed assets in eastern region amounted to 11,099.3 billion yuan, rose by 9.2 percent year-on-year, and the growth rate decreased 0.2 percentage points from the first seven months; that of central region, 6,860.7 billion yuan, increased 6.8 percent, and the growth rate decreased 0.4 percentage points; that of western region, 4,625.1 billion yuan, increased 5.4 percent, and the growth rate decreased 0.8 percentage points; that of northeastern region, 1,329.8 billion yuan, decreased 6.1 percent, and the pace of decline narrowed by 3.7 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 1,023.4 billion yuan, increased 14.6 percent year-on-year, and the growth rate decreased 1.7 percentage points from the first seven months; that in the secondary industry amounted to 11,736.5 billion yuan, increased 4.0 percent, a decrease of 0.3 percentage points; that in the tertiary industry was 11,154.9 billion yuan, went up by 8.4 percent, a decrease of 0.5 percentage points.

 

Of the secondary industry, industrial private investment in fixed assets reached 11,653.8 billion yuan, increased 4.2 percent year-on-year, and the growth rate decreased 0.3 percentage points from the first seven months, of which, that of mining industry was 313.0 billion yuan, decreased 14.2 percent, and the pace of decline extended by 1.0 percentage point; that of the manufacturing industry was 10,597.3 billion yuan, increased 4.6 percent, down by 0.3 percentage points; that of the production and supply of electric power, heat power, gas and water was 743.5 billion yuan, increased 8.1 percent, up by 0.6 percentage points.

 

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

 

Indicators

Jan-Aug

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

239148

6.4

Grouped by Different Areas

 

 

 Eastern Region

110993

9.2

 Central Region

68607

6.8

 Western Region

46251

5.4

  Northeastern Region

13298

-6.1

Grouped by Types of Industry

 

 

Primary Industry

10234

14.6

 Secondary Industry

117365

4.0

 Tertiary Industry

111549

8.4

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

11364

13.7

 Mining

3130

-14.2

  Of which: Mining and Washing of Coal

913

-8.2

      Extraction of Petroleum and Natural Gas

110

-17.4

      Ore Mining, Smelting and Pressing of Ferrous Metals

353

-29.8

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

583

-13.7

      Ore Mining, Processing of Non-Metallic Minerals

1052

-12.5

 Manufacturing

105973

4.6

  Of which: Manufacture of Non-metallic Mineral Products

9786

1.2

      Smelting and Pressing of Ferrous Metals

1939

-11.0

      Smelting and Pressing of Non-Ferrous Metal

2672

-8.4

      Manufacture of General Purpose Machinery

7717

1.0

      Manufacture of Special Purpose Machinery

6984

3.8

      Manufacture of automobile

6711

10.7

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

1407

5.7

      Manufacture of Electrical Machinery & Equipment

7667

10.2

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

5132

28.7

 Production and Supply of Electricity ,Gas and Water

7435

8.1

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

5752

7.0

 Construction

1060

-16.6

 Transport, Storage and Post

7808

3.0

  Of which: Railway Transportation

97

-53.1

      Road Transportation

2963

9.4

 Management of Water Conservancy, Environment and Public Facilities

11425

26.5

  Of which: Management on Water Resource

789

8.8

      Management on Public Facilities

9926

27.8

 Education

1666

11.9

 Health, Social Works

1804

27.1

 Culture, Sports and Entertainment

2834

16.5

 Public Management, Social Security and Social Organizations

832

-20.9

 

 

 

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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