SMM News: August 14, the National Bureau of Statistics released data, in July, industrial added value above the scale of 4.8% year-on-year real growth (the following added value growth rate is deducted from the price factor of the real growth rate), down 1.5 percentage points from June. Judging from the month-on-month comparison, the added value of industries above scale increased by 0.19% in July compared with the previous month. From January to July, the added value of industries above scale increased by 5.8 percent over the same period last year.
In July, mining added value rose 6.6 percent from a year earlier, down 0.7 percentage points from June, manufacturing rose 4.5 percent, down 1.7 percentage points, and electricity, heat, gas and water production and supply rose 6.9 percent, an increase of 0.3 percentage points.
In terms of economic types, in July, the added value of state-owned holding enterprises increased by 3.7 percent over the same period last year, joint-stock enterprises increased by 6.1 percent, foreign and Hong Kong, Macao and Taiwan investment enterprises fell by 0.2 percent, and private enterprises increased by 7.3 percent.
By industry, in July, 36 of the 41 major industries maintained year-on-year growth in added value. The agricultural and non-staple food processing industry increased by 1.5 percent, the textile industry by 1.2 percent, the chemical raw materials and chemical products industry by 3.8 percent, the non-metallic mineral products industry by 8.7 percent, the ferrous metal smelting and Calendering industry by 10.0 percent, the non-ferrous metal smelting and Calendering industry by 10.3 percent, the general equipment manufacturing industry by 0.7 percent, and the special equipment manufacturing industry by 4.0 percent. The automobile industry fell 4.4 percent, the railway, shipping, aerospace and other transport equipment industry increased by 15.7 percent, the electrical machinery and equipment industry increased by 7.6 percent, the computer, communications and other electronic equipment industry increased by 6.1 percent, and the electricity, heat production and supply sector increased by 6.5 percent.
According to the region, in July, the added value of the eastern region increased by 3.0% compared with the same period last year, the central region increased by 7.2%, the western region increased by 7.1%, and the northeast region increased by 2.9%.
According to the products, 336 of the 605 products increased in July compared with the same period last year. 105.82 million tons of steel, an increase of 9.6 percent over the same period last year; 210.03 million tons of cement, an increase of 7.5 percent; 4.9 million tons of ten non-ferrous metals, up 2.6 percent; 1.68 million tons of ethylene, an increase of 3.6 percent; 1.854 million cars, down 11.5 percent, of which 746000 cars, down 16.8 percent; 84000 new energy vehicles, an increase of 9.1 percent; and 657.3 billion kilowatt hours of electricity generation, an increase of 0.6 percent. Crude oil processing volume was 52.6 million tons, an increase of 4.0 per cent.
In July, the sales rate of industrial enterprises was 98.3 percent, an increase of 0.1 percentage points over the same month last year. Industrial enterprises achieved export delivery value of 1.0362 trillion yuan, an increase of 1.7 per cent in nominal terms over the same period last year.
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