Estimated Capital Formation and Capital Stock by Economic Sector in China

This dataset consists of annual estimates of China's gross fixed capital formation at current and constant 2010 prices, investment deflators, depreciation rates, and real capital stock in four economic sectors: business, infrastructure, government, and housing. Such a breakdown is necessary for the purpose of analysis of economic development in China, as the normal models of economic development are based on a competitive economy, which is clearly not the case for the country’s infrastructure and government sectors. Moreover, the contribution of housing to gross domestic product in China is very poorly measured. China's official national accounts do not contain any estimate for the capital stock for the whole economy.