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Location: Data Center > Finance News > Content
 
Rise of the Ivestment in Fixed Assets from This Jan. to May Presented a Accelerated Drop.

http://data.acmr.com.cn  2004/6/14  National Bureau of Statistics


    >From Jan. to May, the investment in fixed assets by the over-500-thousand-yuan projects in the cities and towns throughout the country reached 1543.7 billion yuan, a year-on-year rise of 34.8% which was 8 percentage points lower in the rise over the period of from Jan. to Apr.; the fixed assets investment in this May was 439 billion yuan, up 18.3% which was 16.4 percentage points lower than the rise of this April. The number of the new-started projects in this May was 12892, a year-on-year drop of 15.7%. The increase of the fixed assets investment was declining faster, thus indicating the macro adjustment and control has taken effect.

    >From the Jan. to May of 2004, among the investment in cities and towns, that from the state-owned and state share-holding enterprises totaled 925.7 billion yuan, a year-on-year rise of 33.3% which was 4 percentage points down in the rise over the first four months; that in residential buildings was 300.2 billion yuan, a year-on-year rise of 28.3% which was 2.1 percentage points lower than the rise of from Jan. to April. The investment by the projects at the central government level registered 245.5 billion yuan, keeping at the unchanged level with the same period of last year; that at the local government level was 1298.2 billion yuan, up 44.4% which was 9.3 percentage points lower than the rise of the first four months of this year.

    Analyzed by three-industry category, the investment in three industries all dropped to different extenst and that in the secondary industry descended more. From this Jan. to this May, the investment in the primary industry totaled 13 billion yuan, a year-on-year rise of 11.7% which was 6.2 percentage points lower than the rise of the first four months; that in the secondary investment reached 614.9 billion yuan, up 47.8% which was 10.3 percentage points less in the rise, specifically speaking, that in the industry was 596.5 billion yuan, up 47.8% which was 9.8 percentage points down; that in construction was 18.4 billion yuan, up 47.2% which was 28 percentage points down. The investment in the tertiary industry was 915.8 billion yuan, up 27.7% which was 6.5 percentage points less, of which, that in the wholesale and retail trade was 24.1 billion yuan, up 54.8% which was 4.7 percentage points lower, and that in real estate totaled 370.3 billion yuan, up 32% which was 2.6 percentage points lower.

    Analyzed by industry, the key industrial branch presented the drop in the increase more rapidly. From this Jan. to May, the investment in the textile and clothes totaled 26.5 billion yuan, up 41.1% which was 20.4 percentage points lower; that in the chemical materials and chemical products reached 44.8 billion yuan, up 66% which was 7.5 percentage points less; that in non-metal products was 32.9 billion yuan, up 67.8% which was down by 26.9 percentage points; that in the mining, smelting and pressing of ferrous metals registered 65.3 billion yuan, up 73.2% which was 19.6 percentage points lower in the rise; that in the mining, smelting and dressing of non-ferrous metals reached 19.4 billion yuan, up 60.8% which was 22.3 percentage points; that in the manufacturing of transport equipment totaled 28.2 billion yuan, up 57.6% which was 10.6 percentage points down in the rise; that in electrical machinery and apparatuses totaled 12.6 billion yuan, up 84.9% which was 26.2 percentage points lower; that in the production and supply of power, fuel gas and water reached 143.3 billion yuan, up 47.3% which was down by 0.5 percentage points; that in the petroleum processing and coking was 16.5 billion yuan, up 121.1% which was 1.6 percentage points higher in the rise.

    Analyzed by region, the investment in the western region grew faster. Among the investment in cities and towns from Jan. to May, that in the eastern region was 913.2 billion yuan, up 32.5%; that in the central region was 292.9 billion yuan, up 40.7%; that in the western region was 312.2 billion yuan, up 43.2%.


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