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China: Urban Investment in Fixed Assets Kept Going up in February 2009
added: 2009-03-13

Urban investment in fixed assets stood at 1,027.6 billion yuan from January to February, a year-on-year rise of 26.5 percent. Of which, state-owned and state-holding enterprises invested 448.6 billion yuan, surging 35.6 percent; real estate development valued at 239.8 billion yuan, went up 1.0 percent.

In terms of jurisdiction of management, central investment stood at 107.0 billion yuan with a year-on-year growth of 40.3 percent; that of local investment totaled 920.6 billion yuan, jumping 25.1 percent.

In terms of different industry structures, investments of primary, secondary, and tertiary industry amounted to 10.8, 418.2 and 598.5 billion yuan, expanding 100.3, 24.8 and 26.9 percent respectively, year-on-year.

In terms of different sectors, investments of mining and washing of coal stood at 8.4 billion yuan, a year-on-year rise of 59.6 percent; that of production and supply of electricity and heat accounting for 63.1 billion yuan, climbing 20.6 percent; that of extraction of petroleum and natural gas grew to 10.6 billion yuan, decreasing 13.8 percent; railway transportation valued at 34.3 billion yuan, a year-on-year increase of 210.1 percent; that of manufacture of non-metallic mineral products arrived at 28.4 billion yuan, rose 58.7 percent; that of smelting and pressing of ferrous metals reached 21.6 billion yuan, growing 4.9 percent; and that of smelting and pressing of non-ferrous metals hit 13.1 billion yuan, with a rise of 47.2 percent.

In terms of registration status, investments of domestic funds enterprises stood at 906.3 billion yuan, surging 30.7 percent over that in the same period last year; that of enterprises with funds from Hong Kong, Macao and Taiwan valued at 51.3 billion yuan, rising 1.1 percent; and that of foreign funded enterprises standing at 66.2 billion yuan, a year-on-year growth of 2.1 percent.

In terms of buildings under and new constructions, the cumulative number of urban construction projects was 78,696, a year-on-year increase of 11,306; that of total planned sum of investment in project under construction stood at 16,354.6 billion yuan, climbing 25.4 percent; that of number of project started this year valued at 18,533, increased 4,056; that of total planned investment of newly projects was 7,437 billion yuan, a rise of 87.5 percent.

In terms of volume of positioned funds, investment in urban areas hit 1,836.7 billion yuan, a year-on-year rise of 33.6 percent. Of which, the volume of positioned funds of domestic loans, foreign investment, and self-rising funds rising 24.4, 13.2 and 42.3 percent respectively.


Source: National Bureau of Statistics of China

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