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Total Investment in Fixed Assets in Urban Areas Kept Going up From January to November 2008
added: 2008-12-18

Total investment in fixed assets in urban areas stood at 12,761.4 billion yuan from January to November, a year-on-year rise of 26.8 percent. Of which, state-owned and state-holding enterprises invested 5,336.5 billion yuan, surging 21.6 percent; real estate development valued at 2,654.6 billion yuan, went up 22.7 percent.

In terms of jurisdiction of management, central investment stood at 1,312.4 billion yuan with a year-on-year growth of 31.8 percent; that of local investment totaled 11,449.0 billion yuan, jumping 26.3 percent.

In terms of different industry structures, investments of primary, secondary, and tertiary industry amounted to 194.5, 5,723.5 and 6,843.5 billion yuan, expanding 57.4, 29.5 and 24.1 percent respectively, year-on-year.

In terms of different sectors, investments of mining and washing of coal stood at 195.7 billion yuan, a year-on-year rise of 34.8 percent; that of production and supply of electricity and heat accounting for 785.8 billion yuan, climbing 15.7 percent; that of extraction of petroleum and natural gas grew to 221.9 billion yuan, increasing 34.8 percent; railway transport valued at 257.1 billion yuan, a year-on-year increase of 41.1 percent; that of manufacture of non-metallic mineral products arrived at 401.1 billion yuan, rose 46.9 percent; that of smelting and pressing of ferrous metals reached 347.2 billion yuan, growing 31.9 percent; and that of smelting and pressing of non-ferrous metals hit 218.9 billion yuan, with a rise of 41.6 percent.

In terms of registration status, investments of domestic funds enterprises stood at 11,441.3 billion yuan, surging 28.0 percent over that in the same period last year; that of enterprises with funds from Hong Kong, Macao and Taiwan valued at 561.3 billion yuan, rising 18.2 percent; and that of foreign funded enterprises standing at 687.3 billion yuan, a year-on-year growth of 15.8 percent.

In terms of buildings under and new constructions, the cumulative number of urban construction projects was 328,977, a year-on-year increase of 26,170; that of total planned sum of investment in project under construction stood at 28,846.7 billion yuan, climbing 19.7 percent; that of number of project started this year valued at 228,776, increased 17,649; that of total planned investment of newly projects was 7,753.9 billion yuan, a rise of 5.4 percent.

In terms of volume of positioned funds, investment in urban areas hit 13,615.2 billion yuan, a year-on-year rise of 21.2 percent. Of which, the volume of positioned funds of domestic loans, foreign investment, and self-rising funds rising 11.7, 5.2 and 32.6 percent respectively.


Source: National Bureau of Statistics of China

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