National Bureau of Statistics: The value added of industries above scale actually increased 4.5% year-on-year in July

The Zhitong Finance App learned that on August 17, according to the National Bureau of Statistics, in July, the value added of industries above scale actually increased by 4.5% year-on-year (the growth rates of value added are all actual growth rates after deducting price factors). On a month-on-month basis, in July, the value added of industries above scale increased by 0.11% compared to the previous month. From January to July, the value added of large-scale industries increased by 5.3% year-on-year.

Looking at the three major categories, in July, the value added of the mining industry decreased by 4.2% year on year, the manufacturing industry grew by 5.5%, and the production and supply of electricity, heat, gas and water increased by 5.0%.

By economic type, in July, the value added of state-owned enterprises increased by 1.6% year on year; joint-stock enterprises increased by 5.0%, foreign-invested enterprises, Hong Kong, Macao and Taiwan increased by 2.8%; and private enterprises increased by 3.7%.

By industry, in July, 25 of the 41 major industries maintained year-on-year growth in value added. Among them, the coal mining and washing industry declined by 10.8%, the oil and gas extraction industry grew 6.1%, the agricultural and sideline food processing industry grew by 3.8%, the wine, beverage and refined tea manufacturing industry grew 2.6%, the textile industry grew 2.3%, the chemical raw materials and chemical products manufacturing industry fell 1.2%, the ferrous metal smelting and rolling processing industry grew 0.3%, the non-ferrous metal smelting and rolling processing industry decreased by 2.5%, the general equipment manufacturing industry grew by 12.6%, and the automobile manufacturing industry grew 8.7%. The railway, ship, aerospace and other transportation equipment manufacturing industry grew 13.6%, the electrical machinery and equipment manufacturing industry grew 8.8%, the computer, communications and other electronic equipment manufacturing industry grew 19.1%, and the electricity, heat production and supply industry grew 5.3%.

By product, in July, production of 279 products out of 626 products in large-scale industries increased year-on-year. Among them, there were 116.46 million tons of steel, down 4.1% year on year; 126.71 million tons of cement, down 11.6%; 6.97 million tons of ten non-ferrous metals, up 2.5%; 3.48 million tons of ethylene, up 0.1%; 2,529,000 vehicles, down 0.1%, of which 1.55 million new energy vehicles, increased 29.9%; power generation capacity was 943.9 billion kilowatt-hours, down 0.1%; crude oil processing volume was 53.11 million tons, down 15.8%.

In July, the product sales rate of industrial enterprises above scale was 96.9%, down 0.6 percentage points from the previous year; industrial enterprises above scale achieved export delivery value of 1413.3 billion yuan, a nominal increase of 10.4% over the previous year.

This article was compiled from the official website of the “National Bureau of Statistics”. Zhitong Finance Editor: Liu Jiayin.