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Location: Data Center > Finance News > Content
Industrial Production Operation in October 2019

http://data.acmr.com.cn  2019/11/15  National Bureau of Statistics of China

In October 2019, the total value added of the industrial enterprises above designated size was up by 4.7 percent year-on-year in real terms (the following growth rates of value added are real growth rates, after deducting price factors), a decrease of 1.1 percentage points from September. In October, the total value added of the industrial enterprises above designated size went up by 0.17 percent month-on-month. In the first ten months, the total value added of the industrial enterprises above designated size was up by 5.6 percent year-on-year.


In view of three sectors, the value added of mining and quarrying increased by 3.9 percent year-on-year in October, with the growth rate slower 4.2 percentage points than that in September. The value added of manufacturing increased by 4.6 percent, a decrease of 1.0 percentage point, and that of production and distribution of electricity, heating power, gas and water was up by 6.6 percent, faster 0.7 percentage point over that in September.


Analysis on different types of enterprises showed that, in October, the value added of the state holding enterprises increased by 4.8 percent, year-on-year, that of joint-stock enterprises increased by 5.4 percent, that of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan province increased by 2.1 percent, that of private enterprise increased by 5.4 percent. 


Grouped by different sectors, in October, 31 industries within 41 industrial divisions kept year-on-year growth. Of this total, the growth of processing of food from agricultural products decreased by 2.7 percent, the textile industry was down by 1.3 percent, the manufacture of raw chemical materials and chemical products, up by 3.0 percent, the manufacture of non-metallic mineral products, up by 4.1 percent, the manufacture and processing of ferrous metals, up by 6.3 percent, the manufacture and processing of non-ferrous metals, up by 9.1 percent, the manufacture of general-purpose machinery and special-purpose machinery, up by 3.1 and 5.0 percent respectively. The value-added in the manufacture of automobile industry jumped 4.9 percent, that of manufacture of railway locomotives, ships and boats, air and spacecrafts and other transportation equipment up by 3.0 percent, and that of manufacture of electric machinery and equipment, up by 10.7 percent; the manufacture of computer, communication equipment and other electronic equipment, up by 8.2 percent; the production and supply of electric power and heat power, up by 6.7 percent.


In terms of different regions, in October, the value-added of eastern region increased by 3.6 percent year-on-year; central region went up by 6.5 percent; western region rose by 5.8 percent; northeastern region went up by 3.2 percent.


In terms of different products, 315 products within 605 products kept year-on-year growth. Of this total, the output of pig iron was 102.64 million tons, went up by 3.5 percent year-on-year, that of cement was 218.49 million tons, went down by 2.1 percent, that of 10 kinds of nonferrous metals was 4.97 million tons, up by 4.6 percent, that of ethylene was 1,740 thousand tons, up by 4.2 percent, that of automobiles was 2,279 thousand sets, down by 2.1 percent, in which, that of cars was 899 thousand sets, down by 8.7 percent, that of new energy cars was 85 thousand sets, down by 39.7 percent, that of electricity was 571.4 billion kilowatt-hours, up by 4.0 percent, that of crude oil was 57.84 million tons, up by 9.2 percent.


The sales ratio of industrial products in October was 97.7 percent, a decrease of 0.5 percentage point from the same month of last year. The total export delivery value of industrial enterprises was 1,089.9 billion yuan, a nominal year-on-year decrease of 3.8 percent.

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