Explanatory Notes on Main Statistical Indicators

 

Gross Output Value of Construction refers to total of construction products and services, expressed in money terms, completed by construction and installation enterprises during a given period of time. It includes: output value of construction works, output value of installation works and other output value.

(1)Output Value of Construction Works means the value of works involved in project budgets.

(2)Output Value of Installation Works means the costs of installation works incurred for equipment installation. The calculation is based on the construction targets of construction enterprises, instead of the industrial sector of construction enterprises.

(3)Other Output Value means, of the total output value of construction, the output value other than that of construction and installations works. It includes the repair output value of houses and structures, manufacturing output value of non-standard equipment, management charges collected by general contracting enterprises from subcontracting enterprises, as well as the output value of construction activities falling in no specific categories.

Year-end Employed Persons refers to the number of employed persons who work during the 24 hours of the last day in a year and acquire wage or other forms of labor income. This time-spot index, which does not include persons who terminate their labor contracts at or before the last day of the year, is the sum of fully employed persons, dispatched personnel of labor service and other employed persons.

House Construction Area means the building area of all houses in the reporting period, including: the area of houses newly started in current period, area of houses built in the previous period and continued in current period, area of houses suspended in the previous period and restarted in current period, area of houses started and suspended in current period, and area of houses completed in current period.

Area of Houses Completed means the area of houses and buildings entirely completed in line with requirements of design, meeting conditions of use, satisfactorily accepted by relevant authorities in the reporting period.

Net Value of Machinery and Equipment Owned means the actual value of machinery and equipment owned by an enterprise (or entity) after use and wear, i.e. the net amount of original value minus the accumulated depreciation. Leased equipment for operation is not included as construction machinery and equipment owned. Leased equipment for financing is included as construction machinery and equipment owned by a construction enterprise.

Year-end Total Number of Machinery and Equipment Owned means the number of various machines and equipment owned by an enterprise (or entity) directly used for project construction. It excludes the number of auxiliary productive machines and equipment, transport machines and equipment, production test machines and equipment. Leased equipment for operation is not included as construction machinery and equipment owned. Leased equipment for financing is included as construction equipment owned by a construction enterprise.

Year-end Total Power of Machinery and Equipment Owned means the total power of machinery and equipment owned by an enterprise (entity) at the year end and directly used for project construction, calculated at the verified capacity, including the power of construction machines themselves and the power of any separate equipment serving the machine, such as motors, but excluding the power of auxiliary productive machines and equipment, transport machines and equipment, production test machines and equipment. machinery and equipment for construction, production and transportation. The unit used for the calculation of power is kilowatt, with horsepower converted to kilowatt by 1 horsepower=0.735 kilowatt. The power of welders, transformers and boilers is not included. Leased equipment for operation is not included as construction machinery and equipment owned. Leased equipment for financing is included as construction equipment owned by a construction enterprise.

Main Business Income means the income recognized by an enterprise from main business such as sale of commodities and rendering of service.

Main Business Cost means the total cost incurred in an enterprise for the operation of main business.

Main Business Tax and Surtax means the sales tax, excise, urban maintenance and construction tax, educational surcharge, etc. to be paid by an enterprise for the operation of main business.

Main Business Profit means the profit reaped by an enterprise in its operation of main business.

Total Profits mean the operating result of an enterprise in certain accounting period. It is the surplus of all revenues deducting all costs in its production and operation, reflecting its total profit and loss realized in the reporting period.