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

National Bureau of Statistics of China 2017-07-18 14:34 Print| Large| Medium| Small

In the first six months of 2017, the private investment in fixed assets reached 17,023.9 billion yuan, a year-on-year increase of 7.2 percent in nominal terms, and the growth rate was 0.4 percentage point higher than that of the first five months. The proportion of private investment in fixed assets to the total investment in fixed assets (excluding rural households) was 60.7 percent, dropped 0.3 percentage points from the first five months.

 

 

In term of different areas, the private investment in fixed assets in eastern region amounted to 8,016.4 billion yuan, rose by 9.3 percent year-on-year, and the growth rate increased 0.6 percentage points than that of the first five months; that of central region, 5,000.9 billion yuan, increased 8.6 percent, and the growth rate decreased 0.1 percentage point; that of western region, 3,252.2 billion yuan, increased 6 percent, and the growth rate decreased 0.3 percentage point; that of northeastern region, 754.4 billion yuan, decreased 12.3 percent, and the pace of decline narrowed by 8.4 percentage points.

 

In term of different industries, the private investment in fixed assets in primary industry reached 696.8 billion yuan, increased 16.6 percent year-on-year, and the growth rate decreased 0.3 percentage points from the first four months; that in the secondary industry amounted to 8,330.0 billion yuan, increased 4.8 percent, an increase of 0.8 percentage points; that in the tertiary industry was 7,997.1 billion yuan, went up by 9 percent, a decrease of 0.1 percentage point.

 

Of the secondary industry, industrial private investment in fixed assets reached 8,268.0 billion yuan, increased 5.1 percent year-on-year, and the growth rate increased 0.8 percentage points from the first five months. Of which, that of mining industry was 217.8 billion yuan, decreased 14.4 percent, and the pace of decline narrowed by 3.5 percentage points; that of the manufacturing industry was 7,522.2 billion yuan, increased 5.6 percent, up by 0.7 percentage point; that of the production and supply of electric power, heat power, gas and water was 528.0 billion yuan, increased 7.7 percent, up by 0.5 percentage points.

 

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

 

Indicators

Jan-June

Absolute Value

Increase rate Y/Y

(100 Million Yuan)

(%)

 

 

 

Private Investment in Fixed Assets

170239

7.2

Grouped by Different Areas

 

 

 Eastern Region

80164

9.3

 Central Region

50009

8.6

 Western Region

32522

6.0

  Northeastern Region

7544

-12.3

Grouped by Types of Industry

 

 

Primary Industry

6968

16.6

 Secondary Industry

83300

4.8

 Tertiary Industry

79971

9.0

Grouped by Industrial Sectors

 

 

 Agriculture, Forestry, Animal Husbandry and Fishery

7692

15.3

 Mining

2178

-14.4

  Of which: Mining and Washing of Coal

588

-10.3

      Extraction of Petroleum and Natural Gas

74

-17.5

      Ore Mining, Smelting and Pressing of Ferrous Metals

233

-33.6

      Ore Mining, Smelting and Pressing of Non-Ferrous Metal

424

-14.1

      Ore Mining, Processing of Non-Metallic Minerals

771

-9.9

 Manufacturing

75222

5.6

  Of which: Manufacture of Non-metallic Mineral Products

6899

1.1

      Smelting and Pressing of Ferrous Metals

1388

-7.9

      Smelting and Pressing of Non-Ferrous Metal

1942

-8.4

      Manufacture of General Purpose Machinery

5456

0.8

      Manufacture of Special Purpose Machinery

5004

4.8

      Manufacture of automobile

4791

13.7

      Manufacture of railways, shipbuilding, aerospace and other transportation equipment

1019

8.6

      Manufacture of Electrical Machinery & Equipment

5501

10.7

      Manufacture of Telecommunications Equipment, Computers and Other Electronic Equipment

3584

26.5

 Production and Supply of Electricity ,Gas and Water

5280

7.7

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

4117

7.5

 Construction

791

-17.6

 Transport, Storage and Post

5448

2.6

  Of which: Railway Transportation

76

-8.9

      Road Transportation

2030

4.1

 Management of Water Conservancy, Environment and Public Facilities

8131

27.9

  Of which: Management on Water Resource

563

6.0

      Management on Public Facilities

7032

28.7

 Education

1162

5.8

 Health, Social Works

1280

29.4

 Culture, Sports and Entertainment

1967

14.6

 Public Management, Social Security and Social Organizations

616

-25.8

 

 

 

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