Brief Introduction

I. Main Content

Statistics in this chapter describe activities on the construction and purchase of fixed assets of the whole society during a given period of time, and reflect the size, growth, structure, finance and results of the investment in fixed assets during the reference period.

II. Coverage of Statistics

Statistics on the investment in fixed assets cover the investment in capital construction projects in urban and rural areas, the investment in real estate development, the housing investment by individuals in urban areas and in industrial and mining areas, as well as investment in national defence projects and civil air defence projects.

III. Sources of Data

Data on the trans-regional projects are provided by the various departments under the State Council. Data on the investment in fixed assets in collective units and by individuals in rural areas are provided by the Rural Socio-economic Survey Organization of NBS through its rural social and economic survey. Other data on the investment in fixed assets are from the surveys conducted by the Department of Statistics of Investment in Fixed Assets, NBS.

IV. Method of Data Collection

All data on the investment in fixed assets are collected by the statistical reporting system with complete enumeration, except data on the investment in fixed assets in collective units and by individuals in rural areas, which are collected through sample surveys.

V.Modification of Statistical Standard

Since 1997, the cut-off point of projects to be covered in the investment statistics are modified from an investment of 50,000 yuan to 500,000 yuan for statistics of investment in fixed assets, except investment in real estate development, rural collective investment, individual investment and housing investment by individuals in urban areas and in industrial and mining areas. For the convenience of comparison, relevant data of 1996 are adjusted accordingly, and figures in brackets are compiled on the basis of the old standard.