China | Gross capital formation (constant LCU)

Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source
China | Gross capital formation (constant LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995 2942794498300
1996 3325863482100
1997 3493949616400
1998 3791594731700
1999 4031521183200
2000 4324902012500
2001 5237860305900
2002 5920089956900
2003 7328517486400
2004 8735958813800
2005 9668496681600
2006 11156161497000
2007 13109663917000
2008 14931668509000
2009 18047434465000
2010 20913249764000
2011 22759249432000
2012 24466812279000
2013 26759067362000
2014 28758766101000
2015 29782651871000
2016 31938787702000
2017 33957085230000
2018 36252443564000
2019 37696731206000
2020 39321334463000
2021 40845040702200
2022 42322368105300

China | Gross capital formation (constant LCU)

Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source