Beijing - Gross Capital Formation

10,946 (100 Million Yuan) in 2017

In 2017, gross capital formation for Beijing was 10,946 100 million yuan. Between 2003 and 2017, gross capital formation of Beijing grew substantially from 2,738 to 10,946 100 million yuan rising at an increasing annual rate that reached a maximum of 20.00% in 2010 and then decreased to 8.66% in 2017.

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What is gross capital formation?

Gross Capital Formation refers to the fixed assets acquired with fewer disposals and the net value of inventory, thus including gross fixed capital formation and changes in inventories.

What is Beijing gross capital formation?