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Communiqué on Major Data of the 2nd National Economic Census (No.1)

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IV. Called up Capital of Corporations

By the end of 2008, the total value of called up capitals actually received[5] by corporations engaged in the secondary and the tertiary industries were 34 trillion yuan, up by 87.1 percent or an increase of 15.8 trillion yuan over the end of 2004. Of the total capital received by the corporations (government agencies, institutions, and self-employed individuals were not included ), the state capitals were 11.4 trillion yuan, up by 67.4 or an increase of 4.6 trillion yuan, the collective capitals were 1.0 trillion yuan, almost the same with that at the end of 2004, capitals from legal person units were 8.7 trillion yuan, up by 88.0 percent or an increase of 4.1 trillion yuan; individual capitals were 7.8 trillion yuan, up by 138.4 percent or an increase of 4.5 trillion yuan; capitals from Hong Kong, Macao and Taiwan were 2.1 trillion yuan, up by 87.9 percent or an increase of 1.0 trillion yuan; and foreign capitals, 3.1 trillion, up by 125.6 percent or an increase of 1.7 trillion yuan.

Notes:

[1] The primary industry refers to agriculture, forestry, animal husbandry and fishery. The secondary industry refers to mining, manufacturing, production and supply of electricity, water and gas, and construction. The tertiary industry refers to all other economic activities not included in primary or secondary industries, including traffic, transportation, storage and post, information transmission, computer services and software, wholesale and retail trades, hotel and catering services, Financial Intermediation, real estate, leasing and business services, scientific research, technical services and geological prospecting, management of water conservancy, environment and public facilities, services to households and other services, education, health, social securities and social welfare, culture, sports and entertainment, public management and social organization, and international organizations. The current census does not include international organizations.

[2] Legal unit refers to economic unit meeting the following criteria: a) established by law with its own name, internal organization and locations, and capable of fulfilling independently its civil obligations; b) with independent ownership or rights (or authorized with rights) of using assets and bearing liabilities, with authority to sign contracts with other units; and c) with independent financial accounting, capable of compiling assets and liability tables.

Legal units include corporations, institutions, departments, social groups and other legal units. Establishment refers to auxiliary unit of a legal unit meeting the following criteria: a) engaged or mainly engaged in one economic or social activity at a fixed location; b) organizing its production or business operation independently; and c) with accounting data on its revenue and expenses (production account data).

Self-employed individuals with licenses refer to economic units except rural households where the means of production is owned by individuals, individual work constitutes the basic form of operation, and the results of operation are owned by or at the disposal of the individuals concerned. They are individual industrial and commercial households registered at the business registration offices at all levels with operation licenses issued by such offices according to the Civil Law and the Provisional Regulations on Management of urban and rural individual industrial and commercial households. In detail, they refer to the citizens who are engaged in industry, commerce, construction, transport services and other activities within the scope permitted by law, as individual workers, getting registration approved by law.

[3] Eastern Region covers Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong and Hainan; Central Region covers Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan; Western Region includes Inner Mongolia, Guangxi, Chongqing; Sichuan, Guizhou, Yunnan, Tibet, Shanxi, Gansu, Qinghai, Ningxia and Xinjiang; and Northeast Region covers Liaoning, Jilin, and Heilongjiang.

[4] Employed persons refer to those employed by economic units or self-employed individuals with licenses in the secondary or tertiary industries on the day of Dec, 31st, 2008, not including activities not covered above.

Employed persons in the units refer to the actual number of employees working in the units and getting labor remuneration or income, which covers the foreign staff, employees from Hong Kong, Macao and Taiwan, part-time staff, retired persons re-employed, employees on secondment from other units, and second-employed persons working in various units, not included the persons who have left the units with working relationships still kept.

[5] Called up capital refers to capital (or capital stock) actually invested by investors according to the corporate charter, and the convention of the contract or agreement. In terms of ownership, capital can be classified as state capital, collective capital, private capital, capital from Hong Kong, Macao and Taiwan, and capital from foreign investors.

[6] Due to the errors arising from choosing decimals, the total number in the tables and some calculations are not mechanically adjusted.

(In case of any divergence in interpretation of the Communiqué, the Chinese version of the Communiqué shall take precedence)

 

(National Bureau of Statistics December 25, 2009)

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