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

National Bureau of Statistics of China 2017-03-15 15:48 Print| Large| Medium| Small

In the first two months of 2017, the private investment in fixed assets reached 2,497.7 billion yuan, a year-on-year increase of 6.7 percent in nominal terms, and the growth rate was 3.5 percentage points higher than that of 2016. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 60.4 percent.

In term of different areas, the private investment in fixed assets in eastern region amounted to 1,357.9 billion yuan, rose by 8.9 percent year-on-year; that of central region, 679.5 billion yuan, increased 9.0 percent; that of western region, 438.5 billion yuan, increased 1.0 percent; that of northeastern region, 21.9 billion yuan, decreased 41.3 percent.

In term of different industries, the private investment in fixed assets in primary industry reached 73.9 billion yuan, increased 18.9 percent year-on-year; that in the secondary industry amounted to 1,117.9 billion yuan, increased 2.9 percent; that in the tertiary industry was 1,305.9 billion yuan, went up by 9.4 percent.

Of the secondary industry, industrial private investment in fixed assets reached 1,109.9 billion yuan, increased 3.4 percent year-on-year, of which, that of mining industry was 20.8 billion yuan, decreased 16.7 percent; that of manufacturing industry was 1,028.3 billion yuan, increased 3.3 percent; that of production and supply of electric power, heat power, gas and water was 60.8 billion yuan, increased 14.3 percent.

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

Private Investment in Fixed Assets	24977	6.7
Grouped by Different Areas
Eastern Region	13579	8.9
Central Region	6795	9
Western Region	4385	1
Northeastern Region	219	-41.3
Grouped by Types of Industry
Primary Industry	739	18.9
Secondary Industry	11179	2.9
Tertiary Industry	13059	9.4
Grouped by Industrial Sectors
Agriculture, Forestry, Animal Husbandry and Fishery	808	14.7
Mining	208	-16.7
Of which: Mining and Washing of Coal	48	-28.6
Extraction of Petroleum and Natural Gas	9	116.1
Ore Mining, Smelting and Pressing of Ferrous Metals	22	-21.3
Ore Mining, Smelting and Pressing of Non-Ferrous Metal	35	-12
Ore Mining, Processing of Non-Metallic Minerals	88	-11.3
Manufacturing	10283	3.3
Of which: Manufacture of Non-metallic Mineral Products	865	-4.2
Smelting and Pressing of Ferrous Metals	176	-22.4
Smelting and Pressing of Non-Ferrous Metal	231	-11.1
Manufacture of General Purpose Machinery	836	3.2
Manufacture of Special Purpose Machinery	764	3.1
Manufacture of automobile	686	14.1
Manufacture of railways, shipbuilding, aerospace and other transportation equipment	143	-2.3
Manufacture of Electrical Machinery & Equipment	845	11.8
Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment	592	11.8
Production and Supply of Electricity ,Gas and Water	608	14.3
Of which: Production and Supply of Electric Power and Heat Power	462	14.2
Construction	97	-31.7
Transport, Storage and Post	783	3
Of which: Railway Transportation	7	-11.9
Road Transportation	286	-0.3
Management of Water Conservancy, Environment and Public Facilities	1046	43
Of which: Management on Water Resource	71	8.1
Management on Public Facilities	926	49
Education	168	9.3
Health, Social Works	165	37.1
Culture, Sports and Entertainment	239	10.6
Public Management, Social Security and Social Organizations	89	-31.7

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

6. Explanatory Notes on Growth Rate

The growth rate of private investment in fixed assets is nominal growth rate, because the price indices of investment in fixed assets are calculated on quarterly basis, except Jan.-Mar., Jan.-Jun., Jan-Sep. and Jan.-Dec., the growth rates in the other months are nominal growth rates.