Industrial added value above scale increased by 6.3% in June 2019

In June 2019, the added value of industries above scale grew by 6.3% in real terms compared with the same period last year (the following growth rates are all real growth rates excluding price factors), 1.3 percentage points faster than in May. Judging from the month-on-month comparison, the added value of industries above scale increased by 0.68% in June compared with the previous month. From January to June, the added value of industries above scale increased by 6.0% compared with the same period last year.

In three categories, the added value of the mining industry rose 7.3 percent in June from a year earlier, 3.4 percentage points faster than in May, the manufacturing sector rose 6.2 percent, up 1.2 percentage points, and the electricity, heat, gas and water production and supply sector increased by 6.6 percent, an increase of 0.7 percentage points. In terms of economic types, in June, the added value of state-owned holding enterprises increased by 6.2% over the same period last year; joint-stock enterprises increased by 7.6%, foreign and Hong Kong, Macao and Taiwan investment enterprises increased by 1.8%, and private enterprises increased by 8.3%. By industry, in June, 36 of the 41 major industries maintained year-on-year growth in added value. Among them, the agricultural and non-staple food processing industry increased by 2.5 percent, the textile industry by 1.6 percent, the chemical raw materials and chemical products industry by 5.4 percent, the non-metallic mineral products industry by 9.5 percent, the ferrous metal smelting and Calendering industry by 13.7 percent, the non-ferrous metal smelting and Calendering industry by 12.9 percent, the general equipment manufacturing industry by 2.6 percent, and the special equipment manufacturing industry by 5.3 percent. The automobile industry fell 2.5 percent, the railway, shipping, aerospace and other transport equipment industry increased by 14.5 percent, the electrical machinery and equipment industry increased by 11.3 percent, the computer, communications and other electronic equipment industry increased by 10.4 percent, and the electricity, heat production and supply sector increased by 5.6 percent.

Regionally, in June, the added value of the eastern region increased by 6.1% compared with the same period last year, the central region increased by 8.5%, the western region increased by 7.9%, and the northeast region increased by 4.3%.

According to the products, in June, 339 of the 605 products increased year-on-year. Of these, 107.1 million tons of steel, an increase of 12.6 percent over the same period last year; 209.86 million tons of cement, an increase of 6.0 percent; 4.9 million tons of ten non-ferrous metals, an increase of 5.7 percent; 1.66 million tons of ethylene, an increase of 11.9 percent; 143000 new energy vehicles, an increase of 50.5 percent; electricity generation of 583.4 billion kilowatt hours, an increase of 2.8 percent; and crude oil processing volume of 53.7 million tons, an increase of 7.7 percent.

In June, the sales rate of industrial enterprises was 97.1 percent, down 0.8 percentage points from the same month last year. Industrial enterprises achieved export delivery value of 1.0555 trillion yuan, an increase of 1.9 per cent in nominal terms over the same period last year.