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Your Place: China Guide > Reports & Data > Countries Reports > Asia Report
Fixed Assets Investment
Published:2008-11-19 03:43    Review: Font Size> small   middle   big

The completed investment in fixed assets of the country in 2005 was 8, 860.4 billion yuan, up 25.7 percent over the previous year. Of the total investment, that in urban areas was 7,509.6 billon yuan, up 27.2 percent; and that in rural areas reached 1,350.8 billion yuan, up 18 percent.

Of the investment in urban areas, the investment by state-owned and state-holding enterprises was 4,004.7 billion yuan, gaining 17.5 percent over the previous year. The investment in the primary industry was 82.3 billion yuan, up 27.5 percent; that in the secondary industry was 3,159.8 billion yuan, up 38.4 percent; and that in the tertiary industry was 4,267.5 billion yuan, up 20 percent. In terms of different sectors, the investment in coal mining and washing rose 65.6 percent over the previous year; in the production and distribution of electric power and heat, up 33.7 percent; in the extraction of petroleum and natural gas, up 29.7 percent; in railway transportation, up 45.7 percent; in the manufacturing of transport equipment, up 51.1 percent; in textiles, up 38 percent; in education, up 8.4 percent, and in public health, up 28.9 percent.

In 2005, the investment in real estate development was 1,575.9 billion yuan, rose 19.8 percent. The completed floor space of commercial housing reached 487.93 million square meters, up 14.9 percent. Total sales of commercial housing totaled 1,808 billion yuan. Of this total, sales of completed housing accounted for 35.5 percent, and the forward delivery housing accounted for 64.5 percent.

Investment in Fixed Assets, 2005

 Item

Value(100m yuan)

Increase over 2003 (%)

Investment in fixed assets

88604

25.7

By urban/rural areas:

 

 

Urban areas

75096

27.2

-- Of which: By state-owned and state-controlled enterprises

40047

17.5

Rural areas

13508

18.0

Newly Increased Production Capacity Through Investment in Capital Construction, 2005

Item

Unit

Value

Newly increased power generating capacity

10000 kw

6326

Power transformer equipment with a capacity of over 110,000 volts

10000 kva

15306

New trunk railways put into operation 

km

1203

Double-track railways put into operation 

km

486

Electrified railways put into operation

km

863

Newly constructed highways 

km

129748

-- Of which: Expressways

km

6457

Newly increased cargo-handling capacity of 10000-ton berths at harbors

10000 tons

18989

Newly installed capacity of telephone switchboards

10000 gates

4608

Newly increased length of optical-fiber cables

10000 km

53

Newly installed capacity of digital cellular mobile phone switchboards

10000

8598

In 2005, investment in key projects was implemented smoothly. A total of 14 power generators were currently in operation in the Three Gorges Project, having generated 94 billion kwh of electricity. The West-East Electricity Transmission Project from northern, middle and southern channels had built a power transmission capacity of over 32.5 million kw. The completion of the Qinghai-Tibet Railway terminated the status of zero-railway transport in Tibet. A total of 3.8 billion yuan worth of investment was completed for the first phase of eastern and middle routes of the South-to-North Water Diversion Project. The total completed investment in key projects in harnessing of the Huaihe River was 25 billion yuan.



Next: Foreign Trade And Foreign Economic Relations   [2008-11-19 03:11:28]
Last: Industry And Construction in China   [2008-11-19 03:11:30]
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