Explanatory
Notes on Main Statistical Indicators
Statistical Unit in the Construction Industry
refers to a corporate enterprise engaged in the
construction of buildings and structures and in the installation of equipment. A
corporate construction enterprise should have qualification certificates with
independent accounting system, and should meet the following 3 requirements: a)
being set up in line with relevant legal basis, having its full name,
organization and location, and capable of taking civil liabilities; b)
independently possessing and using its assets and assuming its liabilities, and
entitled to sign contracts with other institutions; and c) making independent
accounts of its profits and losses, and capable of compiling its own balance
sheet.
Gross Output Value of Construction refers to total of construction products and services, expressed in
money terms, produced or rendered by construction and
installation enterprises during a given period
of time. It includes:
(1) Output value of
construction projects: the value of projects covered by the project budgets;
(2) Output value of
installation projects: the value of the installation of equipment, (excluding
the value of the equipment to be installed);
(3) Other output values:
the output value of construction industry apart from that of construction
projects and installation projects. It includes: output value of repair of
buildings and structures; output value of non-standard equipment manufactureing; overhead expenses received by contracted
enterprises from the sub-contracted enterprises and the completed output value
of construction activities for which there is no clear definition.
a. Output value of
repair of buildings and structures: the value created through the repairs of
buildings or structures. It does not include the value of buildings or
structures being repaired and the value of the repair of production equipment;
b. Output value of
manufactured non-standard equipment: the value of non-standard production
equipment, including raw materials and manufacturing cost, made for the
construction project (i.e., chemical plant; kettles or tanks used by
refineries; various fillers, triangle tanks, valves used by mines). It also
includes the output value of equipment manufactured by subsidiary workshops.
Value-added of Construction refers to the final result of the activities of production and
operation of enterprises of the construction industry in monetary terms during
the reference period.
Starting from the 2004
economic census, value-added of construction is calculated by both production
approach and income approach, with the figures from the income approach as the
final figures., Under the income approach,,
calculation starts from the perspective of income and is based on the share of
income derived from the production process by the relevant factors of
production.. Specifically, value-added of construction for the Census years is
calculated in accordance with the Programme of
Compilation of GDP and National Accounts for the Year of Economic Census, and
value-added of construction for other years is calculated in accordance with
the Programme of Compilation of GDP and National
Accounts for the Non Economic Census Years.
Floor Space of Buildings Under Construction refers to
floor space of buildings under construction during the reference period,
including the floor space of buildings for which construction has newly
started; buildings for which construction has started earlier and is continuing
during the reference period; and buildings for which construction has been
suspended earlier but has restarted during the reference period; buildings
completed during the reference period; and buildings under construction but
construction has subsequently been
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 being put into use, and having been checked and accepted by
departments concerned 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 Incom