Explanatory Notes on Main Statistical Indicators

Statistical Unit in Construction 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, expressed in money terms, completed by construction and installation enterprises during a given period of time. It includes:

(1) Output value of construction projects, that is the value of projects covered by the project budgets;

(2) Output value of installation projects, that is the value of the installation of equipment, (excluding the value of the equipment to be installed);

(3) Output value of others, that is the output value of construction industry excluding 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 to the sub-contracted enterprises and the completed output value of construction activities that have no clear definition.

Value-added of Construction refers to the final result of the activities of production and management of construction industry in monetary terms in the reference period.

Floor Space of Buildings refers to floor space of buildings under construction in the reference period, including the 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 total floor space of each building that has been completed in the reference period in accordance with the requirements of the design, up to the standard for being resided in and put into use, or has been checked and accepted by departments concerned as qualified ones or up to the standard of buildings completed and can be handed over for putting into use.