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Total Investment in Fixed Assets Rose by 27.7 Percent in the First Quarter

Total Investment in Fixed Assets Rose by 27.7 Percent in the First Quarter

Write: Ridgley [2011-05-20]

Total Investment in Fixed Assets Rose by 27.7 Percent in the First Quarter

Total investment in fixed assets in the first quarter was 1390.8 billion yuan, up by 27.7 percent compared with the same period of the previous year. Of the total, urban investment in fixed assets reached 1160.8 billion yuan, an increase of 29.8 percent; and thatin rural areas was 230 billion yuan, rose by 18.1 percent, year-on-year.

Among the completed urban investment in fixed assets (the same as follows ), investment in state-owned and state-holding enterprises was 524.3 billion yuan, a rise of 17.5 percent over the same period of last year; investment in real estate development reached 279.3 billion yuan, an increase of 20.2 percent, year-on-year.

In terms of different industries, the primary, secondary and tertiary industries reached 8.2 billion yuan, 502.2 billion yuan and 650.4 billion yuan respectively, correspondingly rose by 47.1 percent, 32.7 percent and 27.5 percent, compared with the same period of the previous year.

In terms of different sectors, investment in mining and quarrying was 38.2 billion yuan, grew by 43.2 percent, year-on-year; investment in production and supply of electricity, gas and water was110.6 billion yuan, an increase of 17.7 percent; investment in manufacturing was 343.6 billion yuan, a rise of 36.3 percent; investment in construction was 9.8 billion yuan, increased 73 percent; investment in transport, storage, postal service was 118.9 billion yuan, rose by 29.6 percent over the same period of last year.

In terms of different registration types, investment in incorporated companies was 1003.2 billion yuan, rose by 31.2 over the same period of the previous year; enterprises invested by Hong Kong, Macao, Taiwan and other foreign merchants was 62.3 billion yuan and 90.8 billion yuan, increased 14.3 percent and 23.7 percent respectively.

Total amount of construction projects was 87,098, which was 21,889 more than that in the same period of last year, total planned investment in construction project was 1220 billion yuan, increased 30.1 percent; the number of new starting projects was 33,411, which was 10,635 more than that in the previous year. Total planned investment in new starting project was 1500 billion yuan, an increase of 42 percent.

The value of positioned fund was 1754.4 billion yuan, rose by 35.6 percent over the same period of last year, of which, investment within national budget increased 42 percent; national loans, utilization of foreign investment and self-prepare fund rose by 42 percent, 33.2 percent, 28.7 percent and 43.6 percent respectively, year-on-year.