Indicator
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Explanation
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Statistical Unit in Construction
| refers to corporate enterprise engaged
in the construction of buildings and structures and
in the installation of equipment. A corporate construction
enterprise should meet the following 3 requirements:¢Ùbeing
set up in line with relevant legal basis, having its
full name, organization and location, and capable of
taking civil liabilities;¢Úindependently possessing and
using its assets and assuming its liabilities, and entitled
to sign contracts with other institutions; and ¢Û making
independent accounts of its profits and losses, and
capable of compiling its own balance sheet.
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Gross Output Value of Construction (Output Value
of Projects Under 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 repair of buildings and structures,
that is the value created through the repairs of buildings
or structures, but does not include the value of buildings
or structures being repaired and the value of the repair
of production equipment;
(4)Output value of manufactured non-standard equipment,
that is the value of non-standard production equipment
(including raw materials and manufacturing cost) made
for the construction project, and the equipment manufactured
by subsidiary workshops.
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Value-added of Construction
| refers to the final result of the activities
of production and management of construction in monetary
terms in the reference period. At present, the value-added
of construction is calculated with the income approach.
In other words, it is the sum of income of various production
factors in the production process.
The formula is as follows:
Value-added of construction = depreciation of fixed
assets in the year + wages payable + welfare expenses
payable + insurance premium and tax for waiting for
employment in the administrative expenses +taxes and
surcharges on project settlement + profit gained from
project settlement.
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Floor Space of Buildings Under Construction
| refers to floor space of buildings under
construction during the reference period, including
newly started buildings, buildings started earlier and
continued during the reference period, and buildings
suspended earlier but restarted during the reference
period, buildings completed during the reference period,
and buildings under construction and then suspended
during the reference period.
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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 putting them into use, and have been checked and
accepted by concerned departments as qualified ones.
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Total Number of Machinery and Equipment Owned by
the End of Year
| refers to the number of machines and equipment
owned by the enterprises, and listed as the fixed assets
of the enterprises by the end of the year, including
machinery and equipment for construction, production
and transportation.
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Total Power of Machinery and Equipment Owned by
the End of Year
| refers to the total power of machinery
and equipment owned by the enterprises, and listed as
the fixed assets of the enterprises by the end of the
year, including machinery and equipment for construction,
production and transportation. The power of the machinery
is calculated on basis of the designed or verified capacity,
covering the power of the machinery/equipment and the
separate power equipment serving the machinery/equipment
(such as electric motors), but excluding welders, transformers
and boilers. The unit used for the calculation of power
is kilowatt, with horsepower converted to kilowatt by
1 horsepower=0.735 kilowatt.
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Income from Settlement of Projects
| refers to the income received by the construction
enterprise from the contracted project through settlement
procedures, and other charges to the contractor as operational
costs in addition to the value of the project, such
as temporary facility fee, labour insurance premium,
moving cost of construction equipment, as well as various
types of claims to the contractor.
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Profit from Settlement of Projects
| refers to profit realized through settled
projects.
It is calculated with the following formula:
Profit from Settlement of Projects = Income from Settlement
of Projects-Settled Cost-Settled Taxes and Other Cost.
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Total Revenue of Enterprises
| refers to the sum of income from production
and operation of enterprises, including income from
settlement of projects and other operational income,
namely:
Total Revenue of Enterprises = Income from Settlement
of Projects + Other Operational Income.
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