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 manufacturing; 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.