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