Explanatory Notes on Main Statistical Indicators
Statistical Unit
in Construction refers to corporate enterprise engaged in the construction of
buildings and structures and in the installation of equipment.A corporate
construction enterprise should meet the following 3 requirements:①being set up in
line with relevant legal basis,having its full name,organization and
location,and capable of taking civil liabilities;②independently possessing and
using its assets and assuming its liabilities,and entitled to sign contracts
with other institutions;and ③ making independent accounts of its profits and
losses,and capable of compiling its own balance sheet.
Gross Output
Value of Construction (Output Value of Projects Under Construction) refers to total
of construction products, expressed in money terms, completed by construction
and installation enterprises during a given period of time. It includes:
(1) Output value of construction projects,
that is the value of projects covered by the project budgets;
(2) Output value of installation projects,
that is the value of the installation of equipment, (excluding the value of the
equipment to be installed);
(3) Output value of repair of buildings and
structures, that is the value created through the repairs of buildings or
structures,but does not include the value of buildings or structures being
repaired and the value of the repair of production equipment;
(4) Output value of manufactured non-standard
equipment, that is the value of non-standard production equipment (including
raw materials and manufacturing cost) made for the construction project, and
the equipment manufactured by subsidiary workshops.
Value-added of
Construction refers to the final result of the activities of production and
management of construction in monetary terms in the reference period. At
present, the value-added of construction is calculated with the income
approach. In other words, it is the sum of income of various production factors
in the production process. The formula is as follows:
Value-added of construction=depreciation of
fixed assets in the year+wages payable+welfare expenses payable+insurance
premium and tax for waiting for employment in the administrative expenses
+taxes and surcharges on project settlement+profit gained from project
settlement.
Floor Space of
Buildings Under Construction refers to floor space of buildings under
construction during the reference period, including newly started
buildings,buildings started earlier and continued during the reference
period,and buildings suspended earlier but restarted during the reference
period, buildings completed during the reference period, and buildings under
construction and then suspended during the reference period.
Floor Space of
Buildings Completed refers to the floor space of buildings that are
completed in the reference period in accordance with the requirements of the
design, up to the standard for putting them into use, and have been checked and
accepted by concerned departments as qualified ones.
Total Number of
Machinery and Equipment Owned by the End of Year refers to the number of
machines and equipment owned by the enterprises, and listed as the fixed assets
of the enterprises by the end of the year, including machinery and equipment
for construction, production and transportation.
Total Power of
Machinery and Equipment Owned by the End of Year refers to the total power of
machinery and equipment owned by
the enterprises,and listed as the fixed assets of the enterprises by the
end of the year, including machinery and equipment for construction,production
and transportation.The power of the machinery is calculated on basis of the
designed or verified capaCity,covering the power of the machinery/equipment and the
separate power equipment serving the machinery/equipment (such
as electric motors), but excluding welders, transformers and boilers.The unit
used for the calculation of power is kilowatt, with horsepower converted to
kilowatt by 1 horsepower=0.735 kilowatt.
Income from
Settlement of Projects refers to the income received by the construction
enterprise from the contracted project through settlement procedures, and other
charges to the contractoree as operational costs in addition to the value of
the project, such as temporary facility fee,labour insurance premium,moving
cost of construction equipment,as well as various types of claims to the
contractee.
Profit from
Settlement of Projects refers to profit realized through settled projects.
It is calculated with the following formula:
Profit from Settlement of Projects=Income from
Settlement of Projects-Settled Cost-Settled Taxes and
Other Cost
Total Revenue of
Enterprises refers to the sum of income from production and operation of
enterprises, including income from settlement of projects and other operational
income, namely:
Total Revenue of
Enterprises=Income from Settlement of Projects+Other Operational Income