Private Investment in Fixed Assets for 2017
National Bureau of Statistics of China2018-01-25 10:56




In 2017, the private investment in fixed assets reached 38,151.0 billion yuan, a year-on-year increase of 6.0 percent in nominal terms, and the growth rate was 0.3 percentage points higher than that of the first eleven months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 60.4 percent, a decrease of 0.1 percentage point from the first eleven months.

 

In term of different areas, the private investment in fixed assets in eastern region amounted to 17,557.3 billion yuan, rose by 8.6 percent year-on-year, and the growth rate increased 0.4 percentage points from the first eleven months; that of central region, 11,093.8 billion yuan, increased 7.4 percent, and the growth rate increased 0.3 percentage points; that of western region, 7,344.0 billion yuan, increased 3.9 percent, and the growth rate decreased 0.4 percentage points; that of northeastern region, 2,155.8 billion yuan, increased 3.2 percent, and the growth rate increased 2.9 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 1,691.1 billion yuan, increased 13.3 percent year-on-year, and the growth rate decreased 0.7 percentage points from the first eleven months; that in the secondary industry amounted to 18,640.4 billion yuan, increased 3.8 percent, and the growth rate increased 0.6 percentage points; that in the tertiary industry was 17,819.4 billion yuan, went up by 7.7 percent, an increase of 0.1 percentage point.

 

Of the secondary industry, industrial private investment in fixed assets reached 18,509.0 billion yuan, increased 4.0 percent year-on-year, and the growth rate increased 0.6 percentage points from the first eleven months, of which, that of mining industry was 493.5 billion yuan, decreased 19.0 percent, and the pace of decline narrowed by 0.3 percentage points; that of the manufacturing industry was 16,878.4 billion yuan, increased 4.8 percent, and the growth rate increased 0.7 percentage points; that of the production and supply of electric power, heat power, gas and water was 1,137.1 billion yuan, increased 4.6 percent, down by 1.2 percentage points.

 

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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