In January-February 2018, the country's investment in fixed assets was 4462.6 billion yuan, a year-on-year increase of 7.9%, and the growth rate was 0.7 percentage points higher than in the whole year of 2017. From the quarter-on-quarter speed, fixed asset investment (excluding rural households) increased by 0.61% in February. Among them, private investment in fixed assets was 2,988.8 billion yuan, an increase of 8.1% year-on-year.
In terms of sub-industry, the primary industry investment was 113.2 billion yuan, an increase of 27.8% year-on-year, and the growth rate was 16 percentage points higher than that in 2017; the secondary industry investment was 1.485 trillion yuan, an increase of 2.4%, and the growth rate was down by 0.8 percentage points; The industrial investment was 2,866.4 billion yuan, an increase of 10.2%, and the growth rate was increased by 0.7%.
In the secondary industry, industrial investment increased by 2.4% year-on-year, and the growth rate fell by 1.2% compared to the whole year of 2017; among which, investment in the mining industry decreased by 13% year-on-year, and the decline rate increased by 3%; Manufacturing investment increased by 4.3%, and the growth rate dropped. 0.5%; Investment in electricity, heat, gas and water production and supply industry decreased by 6.1%, and it increased by 0.8% in 2017.
In the tertiary industry, infrastructure investment (excluding electricity, heat, gas and water production and supply) increased by 16.1% year-on-year, and the growth rate fell by 2.9 percentage points over the entire year of 2017. Among them, investment in water management increased by 12.9%. The growth rate dropped by 3.5%. The investment in public facilities management industry increased by 15.6%, and the growth rate dropped by 6.2%. The investment in road transport industry increased by 19.1%, and the growth rate dropped by 4 percentage points. The investment in railway transportation industry increased by 3.4%. Declined by 0.1%.
In terms of regions, investment in the eastern region increased by 5.7% year-on-year, and the growth rate fell by 2.6 percentage points over the whole year of 2017; investment in the central region increased by 10.7%, growth rate increased by 3.8 percentage points; investment in the western region increased by 11.1%, and the growth rate increased by 2.6 Percentage points; Investment in Northeast China increased by 8.1%, and growth rate increased by 5.3%.
According to the type of registration, domestic-funded enterprises' investment increased by 8.7% year-on-year, and the growth rate increased by 1 percentage point over the whole year of 2017; Hong Kong, Macao, and Taiwanese companies’ investment decreased by 3.6%, and the decrease narrowed by 0.4%; Foreign investment decreased by 3.1%, and the decline decreased by 0.4%. Percentage.
Investment in Fixed Assets (excluding rural households) in January and February 2018
| Indicators | January and February 2018 Year-on-year increase (%) |
| Fixed asset investment (excluding farmers) | 7.9 |
| Including: State-owned holding | 9.2 |
| Among them: private investment | 8.1 |
| By composition |
|
| Electromyography | 7.0 |
| Equipment and equipment purchase | 2.3 |
| other fee | 19.6 |
| Industry |
|
| primary industry | 27.8 |
| Secondary industry | 2.4 |
| Tertiary Industry | 10.2 |
| sector |
|
| Agriculture, forestry, animal husbandry and fishery | 25.3 |
| mining industry | -13.0 |
| manufacturing | 4.3 |
| Including: Agricultural and Non-staple Food Processing Industry | 6.2 |
| Food manufacturing | 4.1 |
| Textile Industry | 12.0 |
| Chemical raw materials and chemical products manufacturing | 1.2 |
| Pharmaceutical manufacturing | -13.4 |
| Non-ferrous metal smelting and rolling processing industry | -4.2 |
| Metal products industry | 7.7 |
| General equipment manufacturing | 0.1 |
| Special equipment manufacturing | -6.1 |
| Automotive Manufacturing | -2.7 |
| Railways, ships, aerospace and other transport equipment manufacturing | 11.9 |
| Electrical machinery and equipment manufacturing | 3.1 |
| Computers, communications and other electronic equipment manufacturing | 21.0 |
| Electricity, Heat, Gas and Water Production and Supply | -6.1 |
| Transportation, Warehousing and postal services | 13.4 |
| Among them: Railway transportation industry | 3.4 |
| Road transport industry | 19.1 |
| Water conservancy, environment and public facilities management | 16.1 |
| Among them: Water management industry | 12.9 |
| Public Facilities Management | 15.6 |
| education | 25.8 |
| Health and social work | 27.2 |
| Culture, Sports and Entertainment | 32.7 |
| Registration type |
|
| Including: Domestic-funded enterprises | 8.7 |
| Hong Kong, Macao and Taiwanese investment companies | -3.6 |
| Foreign Investment Enterprise | -3.1 |
| Note: The speed in this table is the nominal growth rate without deducting the price factor. | |
Notes
1, indicator interpretation
Investment in Fixed Assets (Excluding Rural Households): A general term for the amount of work performed in the construction and purchase of fixed assets completed in a certain period of time, and the costs associated therewith.
State-owned holding: In all paid-in capital of an enterprise, the state-owned economic entity's paid-in capital (share capital) is more than 50% of state-owned absolute shareholding in the paid-in capital (equity) of the company.
In all the paid-in capital of an enterprise, the proportion of paid-in capital (share capital) owned by the contributor of the state-owned economic component is not greater than 50%, but the proportion of the contributor that is relatively larger than the economic composition of any other party is relatively controlled by the state-owned entity. Or, although not larger than other economic components, state-owned agreement holdings that have actual control of the company according to the agreement.
Each party with 50% of the investment, and no clear definition of who controls the company, if one of them is a state-owned economy, will be treated as state-owned.
Administrative and institutional investment projects are state-owned holdings.
Type of registration: The basis for dividing the type of enterprise registration is the type of registration of enterprises by the administrative department of industry and commerce. In accordance with the notice issued by the National Bureau of Statistics and the State Administration for Industry and Commerce, the “Regulations on the Classification of Registration Types of Enterprises” (Guotong No. [2011] No. 86) Execution. Demarcation of self-employed registration types is based on the relevant regulations of the National Bureau of Statistics, and the “Notification on Classification and Code of Registration Types for 'Self-employment' of the National Bureau of Statistics” (Guobanzizi [1999] No. 2) Implementation.
The fixed assets investment statistical reporting system stipulates that the grass-roots statistical units must fill in the registration type. The type of registration is filled in by enterprises or individual business units that engage in fixed-asset investment activities. If it has been registered with the administrative department for industry and commerce, it is reported according to the type of registration. If it is not registered, it shall be reported in accordance with the investor's registration type or relevant documents.
Among them, domestic-funded enterprises include state-owned enterprises, collective enterprises, joint-stock cooperative enterprises, joint ventures, limited liability companies, joint-stock companies, private companies, and other enterprises.
Enterprises invested by Hong Kong, Macao, and Taiwan companies include joint ventures, cooperative enterprises, Hong Kong, Macao and Taiwan sole proprietorship enterprises, Hong Kong, Macao and Taiwan Investment Co., Ltd., and other Hong Kong, Malay, and Taiwan companies investing companies.
Foreign-invested enterprises include Sino-foreign joint ventures, Chinese-foreign cooperative enterprises, foreign-funded enterprises, foreign-invested joint-stock companies and other foreign-invested enterprises.
2, statistical range
It plans to invest more than RMB 5 million in fixed asset investment and all investment in real estate development projects.
3, survey methods
Monthly survey of fixed asset investment statistics is conducted on a monthly basis (data from January is free).
4. Division of East, Central, West and Northeast regions
The eastern region includes Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong, Hainan, 10 provinces (cities); Central region includes Shanxi, Anhui, Jiangxi, Henan, Hubei, Hunan 6 provinces; Western region includes Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, Xinjiang, 12 provinces (municipalities, autonomous regions); Northeast China includes Liaoning, Jilin, Heilongjiang provinces.
5, industry classification standards
Implementation of national economic industry classification standards (GB/T 4754-2017).
6, growth rate calculation
The growth rate of investment in fixed assets is the nominal growth rate. As the fixed assets investment price index is calculated on a quarterly basis, except for January-June, January-June, January-September, and January-December, the real growth rate of investment in fixed assets can be calculated. In other months, only the nominal growth rate is calculated.
7, the ring data revision
According to the seasonal adjustment model auto-correction procedure, the fixed-asset investment (excluding rural households) growth rate since February 2017 will be revised. The revised results and February 2018 ring-to-month ratio are as follows:
| Year | Month | Moment growth (%) |
| 2017 | February | 0.62 |
| March | 0.63 | |
| April | 0.63 | |
| May | 0.62 | |
| June | 0.64 | |
| July | 0.62 | |
| August | 0.60 | |
| September | 0.59 | |
| October | 0.58 | |
| November | 0.57 | |
| December | 0.57 | |
| 2018 | January | 0.58 |
| February | 0.61 |