Urban Investment in Fixed Assets Kept Climbing in February

From January to February, urban investment in fixed assets achieved 812.1 billion yuan, with a year-on-year increase of 24.3 percent. Of which state-owned and state-holding enterprises invested 330.8 billion yuan, up by 12.3 percent; investment in real estate development reached 237.4 billion yuan, an increase of 32.9 percent over the same period a year ago.

In terms of different projects, central projects invested 76.2 billion yuan, grew 14.9 percent from the same period of last year; local projects invested 735.9 billion yuan, a rise of 25.3 percent.

In terms of different industries, the primary, secondary and tertiary industry respectively reached 5.4, 335.0, and 471.7 billion yuan, increased 77.0, 26.1 and 22.6 percent, year on year.

In terms of different sectors, coal exploiting, washing and selecting invested 5.3 billion yuan, a year on year rise of 31.1 percent; investment in petroleum and natural gas exploiting, nonmetal mineral products, ferrous metal smelting, pressing and extending, non-ferrous metal smelting, pressing and extending, production, and railway transportation respectively reached 12.2, 17.9, 20.6, 8.9, and 11.0 billion yuan, with a year-on –year increase 9.8, 61.2, 30.0, 68.1, and 11.5 percent; while that of supply of electric power and heat declined 52.3 percent, with a drop of 3.7 percent.

In terms of different registration types, investment of domestic funded enterprises was up to 693.5 billion yuan, grew by 24.5 percent, year on year; enterprises with funds from Hong Kong, Macao and Taiwan finished total volume of 50.7 billion yuan, up by 33.5 percent and foreign-funded enterprises finished 64.8 billion yuan, a rise of 16.7 percent over a year ago.

In terms of construction complexion, by the end of February, there were 67,390 projects that above the value of 500,000 yuan under construction, increased 11,939 compared with last year; The total planned investment in these projects was 13,046.1 billion yuan, up 22.2 percent, year-on-year. Of the total, the number of newly started projects was 14,477, 4416 more than that in last year and was with a total planned investment of 396.7 billion yuan, down by 2.6 percent year-on-year.

In terms of positioned fund, the positioned fund in urban areas reached 1,374.9 billion yuan, a year-on-year increase of 24.9 percent. Of which, domestic loan increased 23.7 percent, foreign investment decreased 6.9 percent and self-raising fund rose 26.5 percent.