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China: Total Investment in Fixed Assets of the Country Kept Going up in the First Quarter 2009
added: 2009-04-21

Total investment in fixed assets of the country stood at 2,812.9 billion yuan in the first quarter, a year-on-year rise of 28.8 percent. Of which, investment in fixed assets in urban and rural areas hit 2,356.2 and 456.7 billion yuan, climbing 28.6 and 29.4 percent respectively.

Among the urban investment in fixed assets (the same as follows), state-owned and state-holding enterprises invested 1,003.6 billion yuan, surging 37.7 percent; real estate development valued at 488.0 billion yuan, went up 4.1 percent.

In terms of jurisdiction of management, central investment stood at 210.7 billion yuan with a year-on-year growth of 30.4 percent; that of local investment totaled 2,145.5 billion yuan, jumping 28.5 percent.

In terms of different industry structures, investments of primary, secondary, and tertiary industry amounted to 33.2, 1,018.0 and 1,305.0 billion yuan, expanding 85.0, 26.8 and 29.1 percent respectively, year-on-year.

In terms of different sectors, investments of mining and washing of coal stood at 26.1 billion yuan, a year-on-year rise of 47.5 percent; that of production and supply of electricity and heat accounting for 135.8 billion yuan, climbing 15.2 percent; that of extraction of petroleum and natural gas grew to 30.7 billion yuan, increasing 16.6 percent; that of railway transportation valued at 54.6 billion yuan, a year-on-year increase of 102 percent; that of manufacture of non-metallic mineral products arrived at 76.9 billion yuan, rose 58 percent; that of smelting and pressing of ferrous metals reached 50.3 billion yuan, growing 0.3 percent; and that of smelting and pressing of non-ferrous metals hit 32.8 billion yuan, with a rise of 19.5 percent.

In terms of registration status, investments of domestic funds enterprises stood at 2,116.6 billion yuan, surging 32.6 percent year-on-year; that of enterprises with funds from Hong Kong, Macao and Taiwan valued at 100.0 billion yuan, rising 1.6 percent; and that of foreign funded enterprises standing at 129.5 billion yuan, a year-on-year growth of 0.4 percent.

In terms of projects under and newly started, the cumulative number of urban construction projects over 500,000 yuan valued at 129,105, a year-on-year increase of 20,701; that of total planned sum of investment in project under construction stood at 21,445.4 billion yuan, climbing 26.7 percent; that of number of project started this year valued at 52,905, increased 14,375; that of total planned investment of newly projects was 22,659 billion yuan, a rise of 87.7 percent.

In terms of positioned funds, the volume of positioned funds of investment in urban areas hit 3,468.5 billion yuan, a year-on-year rise of 32.8 percent. Of which, domestic loans, utilization of foreign investment, and self-financing funds was rising 24.4, 5.8 and 37.8 percent respectively.


Source: National Bureau of Statistics of China

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