Brief Introduction

 

I. Main Contents

Statistics in this chapter describe activities on the construction and purchase of fixed assets of the whole country during a given period of time, and reflect the size, growth, structure, ratio, financing of the investment in fixed assets.

II. Scope of Statistics

Statistics on the investment in fixed assets cover investments in capital construction projects in urban and rural areas, investments in real estate development, and rural household investment.

III. Sources of Data

Data on trans-provincial projects are provided by various departments under the State Council. Data on investments in fixed assets by individuals in rural areas are provided by the Department of Rural Social and Economic Survey of the NBS through its rural social and economic survey. Other data on investments in fixed assets are from surveys conducted by the Department of Investment and Construction Statistics of the NBS.

IV. Methodology of Data Collection

All data on investments in fixed assets are collected by the system of reporting form with complete enumeration, except data on individual investments in fixed assets in rural areas, which are collected through sample surveys.

V. Changes in Statistical Scope

Since 1997, the cut-off point of projects covered by statistics of investment in fixed assets are raised from an investment of 50,000 yuan to 500,000 yuan, except investment in real estate development, farm household investment, non-farm household investment and private investment in housing construction in urban areas and industrial and mining areas. For the convenience of comparison, relevant data of 1996 are adjusted accordingly, and figures compiled on the basis of the old standard are enclosed in brackets.

Since 2006, statistics on investments in fixed assets of rural non-farm households are changed to project-based. Survey method is changed from sample survey to the system of reporting form with complete enumeration. The cut-off point has been raised to 500,000 yuan.

Since 2006, statistics on private investment in housing construction in urban areas and industrial and mining areas have become project-based. The cut-off point has been raised to 500,000 yuan.

Since 2011, the cut-off size of fixed assets investment projected rose from a total planned investment above 500 thousand yuan to 5 million yuan.

VI. Revision of Content

This document revises the total amount and growth rate of major indicators of fixed assets investment in China since 2010. The main reasons are that: (1) strengthen the management of investment projects in the treasury, and some projects that do not meet the requirements of the investment statistics system have withdrawn from the scope of investigation. (2) strengthen the statistical law enforcement and make corrections to the problematic data discovered during statistical law enforcement inspections in accordance with relevant regulations. (3) strengthen the data quality management and eliminate duplicate statistical data across regions and industries.