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

National Bureau of Statistics of China 2017-10-23 13:55 Print| Large| Medium| Small

In the first nine months of 2017, the private investment in fixed assets reached 27,752.0 billion yuan, a year-on-year increase of 6.0 percent in nominal terms, and the growth rate was 0.4 percentage points lower than that of the first eight months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 60.5 percent.

In term of different areas, the private investment in fixed assets in eastern region amounted to 12,797.3 billion yuan, rose by 8.7 percent year-on-year, and the growth rate decreased 0.5 percentage points from the first eight months; that of central region, 7,958.1 billion yuan, increased 7.1 percent, and the growth rate increased 0.3 percentage points; that of western region, 5,439.1 billion yuan, increased 4.6 percent, and the growth rate decreased 0.8 percentage points; that of northeastern region, 1,557.4 billion yuan, decreased 2.3 percent, and the pace of decline narrowed by 3.8 percentage points.

In term of different industries, the private investment in fixed assets in primary industry reached 1,207.4 billion yuan, increased 14.3 percent year-on-year, and the growth rate decreased 0.3 percentage points from the first eight months; that in the secondary industry amounted to 13,590.7 billion yuan, increased 3.4 percent, a decrease of 0.6 percentage points; that in the tertiary industry was 12,953.9 billion yuan, went up by 8.2 percent, a decrease of 0.2 percentage points.

Of the secondary industry, industrial private investment in fixed assets reached 13,499.4 billion yuan, increased 3.7 percent year-on-year, and the growth rate decreased 0.5 percentage points from the first eight months, of which, that of mining industry was 370.3 billion yuan, decreased 18.0 percent, and the pace of decline extended by 3.8 percentage points; that of the manufacturing industry was 12,269.3 billion yuan, increased 4.2 percent, down by 0.4 percentage points; that of the production and supply of electric power, heat power, gas and water was 859.7 billion yuan, increased 7.2 percent, down by 0.9 percentage points.

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

Private Investment in Fixed Assets	277520	6.0
Grouped by Different Areas
Eastern Region	127973	8.7
Central Region	79581	7.1
Western Region	54391	4.6
Northeastern Region	15574	-2.3
Grouped by Types of Industry
Primary Industry	12074	14.3
Secondary Industry	135907	3.4
Tertiary Industry	129539	8.2
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	13352	13.0
Mining	3703	-18.0
Of which: Mining and Washing of Coal	1102	-17.6
Extraction of Petroleum and Natural Gas	143	-23.9
Ore Mining, Smelting and Pressing of Ferrous Metals	419	-29.5
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	662	-14.9
Ore Mining, Processing of Non-Metallic Minerals	1235	-14.1
Manufacturing	122693	4.2
Of which: Manufacture of Non-metallic Mineral Products	11419	0.8
Smelting and Pressing of Ferrous Metals	2206	-12.6
Smelting and Pressing of Non-Ferrous Metal	3088	-7.9
Manufacture of General Purpose Machinery	8867	0.6
Manufacture of Special Purpose Machinery	8009	4.0
Manufacture of automobile	7734	11.9
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	1639	6.7
Manufacture of Electrical Machinery & Equipment	8811	9.7
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	5931	28.5
Production and Supply of Electricity ,Gas and Water	8597	7.2
Of which: Production and Supply of Electric Power and Heat Power	6621	6.3
Construction	1185	-21.4
Transport, Storage and Post	9047	3.4
Of which: Railway Transportation	114	-56.7
Road Transportation	3454	10.7
Management of Water Conservancy, Environment and Public Facilities	13427	25.3
Of which: Management on Water Resource	899	3.1
Management on Public Facilities	11682	27.0
Education	1948	12.8
Health, Social Works	2140	28.1
Culture, Sports and Entertainment	3259	14.0
Public Management, Social Security and Social Organizations	960	-22.2

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