SMM news: in April, industrial production above scale grew 3.9% in real terms compared with the same period last year (the following growth rates are real growth rates excluding price factors), compared with a 1.1% decline last month. From a month-on-month point of view, the value added of industries above scale increased by 2.27% in April from the previous month. From January to April, the value added of industries above scale fell by 4.9% compared with the same period last year.
Divided into three categories, value added in the mining industry rose 0.3 per cent in April from a year earlier, down 3.9 percentage points from the previous month; manufacturing grew 5.0 per cent, down 1.8 per cent last month; and electricity, heat, gas and water production and supply grew 0.2 per cent, down 1.6 per cent last month.
Classified by economic type, in April, the added value of state-owned holding enterprises increased by 0.5% compared with the same period last year; joint-stock enterprises increased by 4.0%; foreign and Hong Kong, Macao and Taiwan investment enterprises increased by 3.9%; and private enterprises increased by 7.0%.
In April, 28 of the 41 major industries maintained year-on-year growth in added value. The agricultural and non-staple food processing industry grew by 3.0%, the textile industry by 2.0%, the chemical raw materials and chemical products manufacturing industry by 3.2%, the non-metallic mineral products industry by 4.2%, the ferrous metal smelting and Calendering processing industry by 4.6%, the non-ferrous metal smelting and Calendering processing industry by 6.9%, the general equipment manufacturing industry by 7.5%, and the special equipment manufacturing industry by 14.3%. The automobile manufacturing industry grew by 5.8 per cent, the railway, shipping, aerospace and other transport equipment manufacturing industries grew by 5.7 per cent, the electrical machinery and equipment manufacturing industry grew by 9.0 per cent, and the computer, communications and other electronic equipment manufacturing industries grew by 11.8 per cent. Electricity, thermal production and supply fell 0.2 per cent.
Looking at the sub-regions, in April, the added value of the eastern region, the central region, the western region and the northeast region increased by 5.3%, 4.5%, 5.1% and 2.8%, respectively.
In terms of products, 367 of the 612 products increased in April compared with the same period last year. 107.01 million tons of steel, up 3.6 percent over the same period last year; 223.47 million tons of cement, up 3.8 percent; 4.93 million tons of non-ferrous metals, up 3.8 percent; 1.68 million tons of ethylene, down 1.4 percent; 2.1 million cars, up 5.1 percent, including 77000 new energy vehicles, down 17.2 percent; 554.3 billion kilowatt hours of electricity, up 0.3 percent; and 53.85 million tons of crude oil processing, up 0.8 percent.
In April, the product sales rate of industrial enterprises was 98.0%, an increase of 0.8% over the same month last year; the export delivery value of industrial enterprises was 979 billion yuan, an increase of 1.1% in nominal terms over the same period last year.
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