Industrial Manufacturing
China's Investment in Fixed Assets Up 20.2% in January to September 2013 from Same Period in 2012
From January to September 2013, China's investment in fixed assets (excluding rural households) reached $4.99 trillion, an increase of 20.2% from the same period last year
Released Thursday, October 31, 2013
Researched by Industrial Info Resources China (Beijing, China)--From January to September 2013, China's investment in fixed assets (excluding rural households) reached $4.99 trillion, an increase of 20.2% from the same period last year, according to the Instant Statistic Report of the National Bureau of Statistics of China on October 21, 2013. The state-owned and state holding enterprises reached $1.6 trillion, an increase of 17.6%.
Grouped by jurisdiction of project management, in the first nine months of 2013, the central investment reached $242.26 billion, an increase of 10.4% from January to September 2012, while the local investment jumped to $4.75 trillion, an increase of 20.7%.
Grouped by types of industry, in the first nine months of 2013, the investment in primary industry, secondary industry and the tertiary industry reached $109.66 billion, $2.14 trillion and $2.74 trillion, increases of 19.7%, 17.1% and 22.3%, respectively.
In the first nine months of 2013, the investment in mining reached $161.23 billion, up 11.1% from the same period last year. Mining and washing of coal reached $61.07 billion, a drop of 0.3%; extraction of petroleum and natural gas reached $31.35 billion, up 26.1%; ore mining, smelting and processing of ferrous metals reached $20.71 billion, up 11.5%; ore mining and processing of nonferrous metals reached $20.45 billion, up 13.9%; and ore mining and processing of non-metallic minerals reached $21.84 billion, up 16.4%.
The investment in manufacturing reached $1.75 trillion, up 18.5% from the first nine months of last year. Manufacture of non-metallic mineral products reached $165.71 billion, up 14.6%; smelting and pressing of ferrous metals reached $62.2 billion, up 2.6%; smelting and pressing of nonferrous metals reached $65.56 billion, up 21.9%; manufacture of general-purpose machinery reached $124.91 billion, up 22.4%; manufacture of special-purpose machinery reached $118.74 billion, up 18.9%; manufacture of automobiles reached $111.82 billion, up 15.4%; manufacture of electrical machinery & equipment reached $108.61 billion, up 8.5%; and manufacture of telecommunication equipment, computers and other electronic equipment reached $84.82 billion, up 21.7%.
The investment in production and supply of electricity, gas and water reached $225.87 billion, up 17% from the same period last year. Production and supply of electric power and heat power reached $169.89 billion, up 12.6%.
The investment in transport, storage and post reached $395.17 billion, up 23.3%. Railway transportation reached $55.76 billion, an increase of 10.2%, and road transportation reached $233.76 billion, up 23.8%.
Grouped by construction and new projects, in the first nine months of 2013, the total investment in construction projects reached $12.47 trillion, up 18.6%, and the total investment in new projects reached $4.35 trillion, up 13.3%.
In terms of funds in place for investment, in the first nine months of 2013, a total of $5.71 trillion had been invested, a growth of 20.4% from the first nine months of 2012. The growth of government budgetary funds reached $261.1 billion, up 16.6%; investment from domestic loans went up 16.6% to $700 billion; foreign investment dropped 8.5% to $53.28 billion; and investment from self-raising funds went up 22% to $3,881.4 billion.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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