Total Investment in Fixed Assets
refers to the volume of activities in construction and
purchases of fixed assets of the whole country and related fees, expressed in
monetary terms during the reference period. It is a comprehensive indicator
which shows the size, structure and growth of the investment in fixed assets,
providing a basis for observing the progress of construction projects and
evaluating results of investment.
Investment in Fixed Assets in
Urban Areas
refers to construction projects involving a total planned (or
required) investment of 500,000 yuan and over by
enterprises of various types of ownership, institutions, administrative units
and individuals in urban areas, investment in real estate development. In other
words, all investments that take place in county towns and urban areas,
investment in construction projects under the direct leadership and management
of government agencies at and above county levels and investments by
enterprises and institutions at and above county levels are covered in urban
investment in fixed assets.
Investment in Rural Areas
refers to investment in fixed assets by enterprises,
institutions, administrative units and households in rural areas.
Investment in Real Estate
Development
refers to the investment by the real estate development
companies (unit) in the construction of house buildings. It is finished work in
monetary terms.
Sources of Funds for Investment
in Fixed Assets
refer
to the funds used to establish or buy fixed assets by the investment units in
report period, included the state budget, domestic loans, bonds, foreign
investment, self-raised funds, and others.
State Budgetary Appropriation consists of budgetary
appropriation and loans from the State budget. More specifically, it includes,
from the budget of the central government, capital construction fund (operation
fund and non-operational fund), special expenses (e.g. expenses on substituting
petroleum with coal), loans from repayment, discount fund, expenses on
innovation and trial production of new products, expenses on urban
construction, expenses on temporary construction from business departments,
development fund for less developed areas, as well as local budgetary fund
transferred from the central budget.
Domestic Loans refer to loans of various forms
borrowed by investing units from banks and non-bank financial institutions
during the reference period for the purpose of investment in fixed assets,
including loans issued by banks from their self-owned funds and deposit, loans
appropriated by higher authorities, special loans by government (included
special loans of coal instead of oil, special loans of coal miner labour, etc.), loans arranged by local government from
special funds, domestic reserve loan, and working loan.
Bonds refer to the funds for
investment raised through the issuance of bonds by
enterprise (company) or financial institutions, included the corporate bonds
and infrastructure bonds issued by banks as the deputy of national professional
investment company.
Foreign Investment refers to foreign funds received
during the reference period for the construction and purchase of investment in
fixed assets (covering equipment, materials and technology), including foreign
borrowings (loans from foreign governments and international financial
institutions, export credit, commercial loans from foreign banks, issue of
bonds and stocks overseas), foreign direct investment and other foreign
investments. Excluded from this category is capital in foreign exchanges owned
by
Fundraising refer to extra-budgetary funds
for investment in fixed assets received during the reference period by
investing units from central government ministries, local governments,
enterprises and institutions, including their self-raised funds.
Others refer to funds for investment in
fixed assets received from sources other than those listed above, including
funds raised from individuals and through social donations, and funds
transferred from other units.
Investment in Fixed Assets by
Use of Funds
Construction Project refers to the construction of
various houses and buildings, it also is called the work volume of
construction, including construction of various houses, equipment foundations
and industrial kilns and stoves, preparation works for project construction, and
clearing up works post project construction, geological examination,
land-leveling, water, electricity, gas road-cleaning, planting trees, drilling
of mines, pavement of railways and roads, highway, bridge, construction of
projects of water conservancy, construction of underground air-raid shelters
and construction of other special projects.
Installation Project refers to the installation of
various kinds of equipment and instruments (work volume of installation). The
value of equipment installed is excluded in the value of installation projects.
Including various kinds of equipment, i.e. production, power-driven, lifting,
transport, transmission, medical experiment etc. and working table, stepladder
railing, putting up of pipes, keep warm, paint, rot-proofing, try operation
(excluding put in material try operation).
Purchases of Equipment and
Instruments refer to the total value of
equipment, tools, and vessels purchased or self-produced which come up to
standards for fixed assets. Equipment, tools and vessels purchased or self-
produced for new workshops by newly established or expanded units are
categorized as ��purchase of equipment and instruments�� no matter whether they
come up to the standards for fixed assets or not.
Other Expenses refer to investment in assets construction and purchases,
excluded in above items, but not refer to the other financial expenses in
operation. It consist of purchase of old houses, purchase of animals by
agricultural and forestry units, planting and operating of various economic
forest, compensation for the loss of land and young crops, subsidies for
moving, administration expenses of construction units, and expenses on research
and testing, geological prospecting and designing, joint trial running, and the
other purchase introduction of technology and imports of equipment,
transportation of construction machines, loss of discarded projects, etc.
Investment in Fixed Assets by
Type of Construction
New Construction refers to newly constructed units. In the case, in which
the value of the original fixed assets is quite small, and the value of newly
added fixed assets exceeds the original ones by three times, the expansion
construction is considered as new construction.
Expansion Construction refers to construction of new
major production workshop or independent production line within a factory or in
other locations, or construction of a branch factory so as to increase the
production capacity of the original products. Newly constructed business houses
in institutions and administrative organizations are also classified as
expansion.
Reconstruction and Technical
Innovation refers to technical innovation
and transformation of the existing equipment and technical conditions
undertaken by enterprises and institutions for the purposes of technological
advancement, (including accessory facilities for production or for living and
welfare purposes). The construction of new workshops for improving existing
production capacity rather than increasing production capacity is also
considered as reconstruction.
Newly Increased Fixed Assets
refer
to the newly increased value of fixed assets through investment, including the
value of projects completed and put into production, the value of equipment,
tools, and vessels considered as fixed assets, as well as the relevant expenses
as investment in fixed assets and other construction expansion of increased the
volume in fixed assets (should be calculated into newly increased fixed assets
with the project put in use).
Rate of Fixed Assets Put into
Use
refers to the ratio of the newly increased fixed assets to the
total investment made in the same period. This is a comprehensive indicator,
reflecting the speed of the employment of fixed assets and the investment
efficiency.
Area of Commercialized Housing
Sold
refers to total contracted area of commercialized housing
(i.e. area of floor space as designated in the formal contracts signed by both
sides) during the reference time. It constitutes floor space of completed
housing and floor space of future housing.
Value of Commercialized Housing
Sold
refers to the total contracted value (i.e. value of
sales/purchase for selling/purchase of commercialized housing as designated in
the contract signed by both sides) during the reference time. This indicator
has the same coverage as the area of commercialized housing sold, which
constitutes floor space of completed housing and floor space of housing yet to
be completed.