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

National Bureau of Statistics of China 2017-11-15 16:43 Print| Large| Medium| Small

In the first ten months of 2017, the private investment in fixed assets reached 31,373.4 billion yuan, a year-on-year increase of 5.8 percent in nominal terms, and the growth rate was 0.2 percentage points lower than that of the first nine months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 60.6 percent, an increase of 0.1 percentage point from the first nine months.

 

 

In term of different areas, the private investment in fixed assets in eastern region amounted to 14,469.9 billion yuan, rose by 8.2 percent year-on-year, and the growth rate decreased 0.5 percentage points from the first nine months; that of central region, 8,924.8 billion yuan, increased 7.4 percent, and the growth rate increased 0.3 percentage points; that of western region, 6,117.7 billion yuan, increased 4.1 percent, and the growth rate decreased 0.5 percentage points; that of northeastern region, 1,861.0 billion yuan, decreased 3.0 percent, and the pace of decline expanded by 0.7 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 1,383.7 billion yuan, increased 15.6 percent year-on-year, and the growth rate increased 1.3 percentage points from the first nine months; that in the secondary industry amounted to 15,335.4 billion yuan, increased 3.2 percent, a decrease of 0.2 percentage points; that in the tertiary industry was 14,654.3 billion yuan, went up by 7.7 percent, a decrease of 0.5 percentage points.

 

Of the secondary industry, industrial private investment in fixed assets reached 15,231.3 billion yuan, increased 3.5 percent year-on-year, and the growth rate decreased 0.2 percentage points from the first nine months, of which, that of mining industry was 413.3 billion yuan, decreased 18.8 percent, and the pace of decline extended by 0.8 percentage points; that of the manufacturing industry was 13,860.9 billion yuan, increased 4.1 percent, down by 0.1 percentage point; that of the production and supply of electric power, heat power, gas and water was 957.1 billion yuan, increased 7.0 percent, down by 0.2 percentage points.

 

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

 

Indicators

Jan-Oct

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

313734

5.8

Grouped by Different Areas

 

 

 Eastern Region

144699

8.2

 Central Region

89248

7.4

 Western Region

61177

4.1

  Northeastern Region

18610

-3.0

Grouped by Types of Industry

 

 

Primary Industry

13837

15.6

 Secondary Industry

153354

3.2

 Tertiary Industry

146543

7.7

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

15310

14.3

 Mining

4133

-18.8

  Of which: Mining and Washing of Coal

1215

-18.3

      Extraction of Petroleum and Natural Gas

165

-22.3

      Ore Mining, Smelting and Pressing of Ferrous Metals

475

-27.7

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

730

-17.3

      Ore Mining, Processing of Non-Metallic Minerals

1387

-14.7

 Manufacturing

138609

4.1

  Of which: Manufacture of Non-metallic Mineral Products

12926

0.8

      Smelting and Pressing of Ferrous Metals

2501

-12.7

      Smelting and Pressing of Non-Ferrous Metal

3460

-8.3

      Manufacture of General Purpose Machinery

10054

1.2

      Manufacture of Special Purpose Machinery

9051

3.5

      Manufacture of automobile

8692

12.6

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

1831

4.7

      Manufacture of Electrical Machinery & Equipment

9886

9.2

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

6706

28.9

 Production and Supply of Electricity ,Gas and Water

9571

7.0

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

7345

6.2

 Construction

1347

-20.0

 Transport, Storage and Post

10279

3.2

  Of which: Railway Transportation

154

-58.6

      Road Transportation

3915

10.7

 Management of Water Conservancy, Environment and Public Facilities

15188

24.5

  Of which: Management on Water Resource

1002

3.3

      Management on Public Facilities

13235

25.9

 Education

2231

12.9

 Health, Social Works

2449

27.2

 Culture, Sports and Entertainment

3701

14.2

 Public Management, Social Security and Social Organizations

1075

-23.3

 

 

 

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