Explanatory Notes to Major Statistical Indicator

Total Investment in Fixed Assets in the Whole Country Total investment in fixed assets refers to the volume of activities in construction and purchases of fixed assets in monetary terms. It is a comprehensive indicator which shows the size, pace, proportional relations and use orientation of the investment in fixed assets. Total investment in fixed assets in the whole country includes the investment by the state-owned units, urban and rural collective units, investment by units of other types of ownership and the investment by the individuals in the urban and rural areas. According to current planning management system of China, the investment in fixed assets in the whole country is classified into the following nine parts: investment in capital construction, investment in innovation, investment in real estates development, other investment in fixed assets, investment in town collective units, investment of non rural individuals, investment in personal house building in city, county, town and special industrial and mining areas, investment in fixed assets of rural individuals, investment in town private and individual economy.

Investment in Capital Construction Capital construction refers to the new construction projects or extension projects and the related activities of the enterprises, institutions or administrative units mainly for the purpose of expanding production capacity or improving project efficiency covering only projects each with a total investment of 500,000 RMB yuan and over. It includes: (1) projects listed in the capital construction plan of the current year of the central government and the local governments at various levels as well as the projects, though not listed in the capital construction plan of the current year, but continued to be constructed in this year, using the investment listed in the plan of capital construction of previous years and carried forward to this year (also using the equipment and materials kept in stock of the capital construction); (2) new construction projects arranged both in the plan of capital construction and the plan of innovation; extension projects with the newly increased production capacity (or project efficiency) up to the standard of a large and medium-sized project; and the projects of moving the whole factory to a new site so as to improve the distribution of productive forces; (3) new construction projects, extension projects or restoration projects with the total investment of 500,000 RMB yuan and over by the state-owned units, though listed neither in the plan of capital construction nor in the plan of innovation; the projects in the state-owned units of moving the whole factory to a new site so as to improve the distribution of productive forces; and the projects of building additional business houses by the administrative units and institutions and building welfare facilities by the administrative units.

Investment in Innovation Innovation refers to the renewal of fixed assets and technological innovation of the original facilities by the enterprises and institutions as well as the corresponding supplementary projects and the related activities (excluding major overhaul and maintenance projects) covering only projects each with a total investment of 500,000 RMB yuan and over.

Investment in Real Estate Development It includes the investment by the real estate development companies, commercial buildings construction companies and other real estate development units of various types of ownership in the construction of house buildings, such as residential buildings, factory buildings, warehouses, hotels, guesthouses, holiday villages, office buildings, and the complementary service facilities and land development projects, such as roads, water supply, water drainage, power supply, heating, telecommunications, land leveling and other projects of infrastructure. It covers the activities of the non-real estate companies in real estate development or management, but excludes the activities in simple land transactions.

Other Investment in Fixed Assets refers to the construction and purchases of fixed assets not listed in the investment in capital construction, investment in innovation and investment in real estate development covering only projects each with a total investment of 500,000 RMB yuan and over.

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 or operation, the value of equipment, tools, and vessels considered as fixed assets, as well as the relevant expenses as investment in fixed assets.

Rate of Projects of Fixed Assets Completed and Put into Operation refers to the ratio of the newly increased fixed assets to the total investment made in the same period.

Floor Space of Buildings refers to total floor space in each story of buildings calculated from the outside line of building walls, including the space occupied by constructions like pillars or walls and basements.

Floor Space under Construction refers to total space of all buildings under construction during the reference period. When a building is begining construction, all the floor space are calculated , are not divided by the actual space and multi-story.

Floor Space of Buildings Completed refers to the floor space of all buildings completed in the reference period, which have been appraised and accepted ( or come up to the designed standards ) and have been transferred to the owners for use .