Industrial Output Increased By 6.0% In July

- Aug 17, 2018-

In July 2018, the real growth rate of industrial added value above the scale was 6.0% year on year (the growth rate of added value below was the real growth rate excluding price factors), which was the same as that of June.On a month-on-month basis, industrial output rose 0.48 per cent in July from the previous month.In the january-july period, industrial added value increased by 6.6 percent year-on-year, down 0.1 percentage points from the january-june period.

In three categories, the added value of the mining industry rose 1.3 percent year-on-year in July, down 1.4 percentage points from June.Manufacturing grew by 6.2 percent, accelerating by 0.2 percentage points.Electricity, heat, gas and water production and supply industries grew 9.0%, down 0.2 percentage points.

In July, the added value of state-owned enterprises grew by 6.2% year on year.Collective enterprises declined by 2.8 percent, joint-stock enterprises grew by 6.0 percent, and investment enterprises of foreign enterprises, Hong Kong, Macao and Taiwan increased by 6.1 percent.

By sector, in July, 35 out of 41 major industries maintained year-on-year growth in added value.6.9% growth among them, the agricultural food processing industry, textile industry increased by 0.6%, chemical raw materials and chemical products manufacturing growth 3.5%, non-metallic mineral products increased by 5.2%, 6.6% black metal smelting and rolling processing industry, non-ferrous metal smelting and rolling processing industry grows 5.6%, general equipment manufacturing growth 6.9%, special equipment manufacturing growth 11.2%, automobile manufacturing growth 6.3%, railway, shipbuilding, aerospace and other transportation equipment manufacturing industry fell by 1.9%, electrical machinery and equipment manufacturing industry increased by 5.7%,Computer, communications and other electronic equipment manufacturing grew 13.5 percent, and power, thermal production and supply industries grew 8.8 percent.

By region, in July, the added value of the eastern region increased by 4.7% year-on-year, the central region by 6.9%, the western region by 6.4% and the northeastern region by 7.3%.

By product, 345 out of 596 products increased year-on-year in July.Among them, 95.69 million tons of steel, up 8.0% year on year;Cement 196,180,000 tons, up 1.6%;Ten types of non-ferrous metals: 4.62 million tons, up 8.5%;Ethylene, 1.58 million tons, up 7.5%;2064,000 cars, down 0.5%;90.4 million cars, up 4.3 percent;Electricity generation: 640 billion kilowatt hours, up by 5.7%;Crude oil processing volume was 50.75 million tons, up 11.6 percent.

In July, the sales rate of industrial enterprises was 98.0 percent, down 0.5 percentage points from the same month last year.Industrial enterprises achieved an export value of 1031.7 billion yuan, up 8.7 percent year-on-year.