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China: Total Investment in Fixed Assets of the Country Kept Going up from January to May 2009
added: 2009-06-16

Total investment in fixed assets of the country stood at 5,352.0 billion yuan from January to May, a year-on-year rise of 32.9 percent. Of which, state-owned and state-holding enterprises invested 2,305.5 billion yuan, surging 40.6 percent; real estate development valued at 1,016.5 billion yuan, went up 6.8 percent.

In terms of jurisdiction of management, central investment stood at 473.4 billion yuan with a year-on-year growth of 28.0 percent; that of local investment totaled 4,878.6 billion yuan, jumping 33.4 percent.

In terms of different industry structures, investments of primary, secondary, and tertiary industry amounted to 91.5, 2304.2 and 2956.4 billion yuan, expanding 79.7, 29.1 and 34.9 percent respectively, year-on-year.

In terms of different sectors, investments of mining and washing of coal stood at 72.9 billion yuan, a year-on-year rise of 38.4 percent; that of production and supply of electricity and heat was accounting for 297.7 billion yuan, climbing 20.5 percent; that of extraction of petroleum and natural gas grew to 69.7 billion yuan, increasing 10.1 percent; railway transport valued at 133.8 billion yuan, a year-on-year increase of 110.9 percent; that of manufacture of non-metallic mineral products arrived at 183.8 billion yuan, rose 56.2 percent; that of smelting and pressing of ferrous metals reached 119.2 billion yuan, growing 7.0 percent; and that of smelting and pressing of non-ferrous metals hit 82.8 billion yuan, with a rise of 25.8 percent.

In terms of registration status, investments of domestic funds enterprises stood at 4,878.6 billion yuan, surging 36.8 percent year-on-year; that of enterprises with funds from Hong Kong, Macao and Taiwan valued at 197.8 billion yuan, dipped 0.3 percent; and that of foreign funded enterprises standing at 248.2 billion yuan, boomed up 1.9 percent year-on-year.

In terms of construction and new starting projects, the cumulative number of urban construction projects was accounting for 216420, a year-on-year increase of 47912; that of total planned investment of construction project stood at 27,583.7 billion yuan, climbing 33.8 percent year-on-year; that of number of project started this year valued at 123878, increased 39510 year-on-year; that of total planned investment of new starting projects amounted to 5,330.0 billion yuan, a rise of 95.9 percent year-on-year.

In terms of volume of positioned funds, investment in urban areas hit 6,829.5 billion yuan, a year-on-year rise of 37.0 percent. Of which, the volume of positioned funds of domestic loans and self-rising funds increased 34.4 and 37.9 percent respectively, while that of foreign investment fell 3.1 percent.


Source: National Bureau of Statistics of China

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