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China Total Investment in Fixed Assets Kept Surging from January to May
Wednesday,June 18,2008 Posted: 21:36 BJT(36 GMT)
  From:China Statistics    Article type:Reproduced

From January to May, total investment in fixed assets in the whole country stood at 4,026.4 billion yuan, a rise of 25.6 percent, year-on-year. Of which, state-owned and state-holding enterprises invested 1,639.7 billion yuan, surging 18.0 percent; real estate development valued at 951.9 billion yuan, up 31.9 percent.

In terms of jurisdiction of management, central investment stood at 369.9 billion yuan with growth rate of 18.5 percent as compared with previous year; that of local investment totaled 3,656.6 billion yuan, jumping 26.4 percent.

In terms of different industry structures, investments of primary, secondary, and tertiary industry amounted to 50.9, 1,784.6 and 2,190.9 billion yuan, expanding 66.1, 25.6 and 25.0 percent respectively, year-on-year.

In terms of different sectors, investments of mining and washing of coal stood at 52.7 billion yuan, a year-on-year rise of 47.0 percent; that of production and supply of electricity and heat accounting for 247.1 billion yuan, climbing 4.4 percent; that of extraction of petroleum and natural gas grew to 63.2 billion yuan, increasing 17.1 percent; railway transport valued at 63.4 billion yuan, a year-on-year increase of 19.7 percent; that of manufacture of non-metallic mineral products arrived at 117.6 billion yuan, rose 45.2 percent; that of smelting and pressing of ferrous metals reached 111.4 billion yuan, growing 24.5 percent; and that of smelting and pressing of non-ferrous metals hit 65.8 billion yuan, a rise of 41.5 percent, year-on-year.

In terms of registration status, investments of domestic funds enterprises stood at 3,566.0 billion yuan, surging 27.1 percent over that in the same period last year; that of enterprises with funds from Hong Kong, Macao and Taiwan valued at 198.4 billion yuan, rising 14.1 percent; and that of foreign funded enterprises standing at 243.5 billion yuan, up 16.7 percent, year-on-year.

In terms of buildings under and new constructions, by the end of May, the cumulative number of urban construction projects over 500,000 yuan was 168508, a year-on-year increase of 17369; that of total planned sum of investment in project under construction stood at 20,615.0 billion yuan, climbing 17.6 percent; that of number of project started this year valued at 84368, increased 9667; that of total planned investment of newly projects was 2,721.2 billion yuan, a decline of 2.5 percent.

In terms of volume of positioned funds, investment in urban areas hit 4,986.5 billion yuan, a year-on-year rise of 23.7 percent. Of which, domestic loans and self-rising funds rising 17.6 and 29.3 percent respectively, that of foreign investment dropped 3.5 percent, year-on-year.
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