In July 2010, the industrial economy continued to maintain a stable operation. The production grew steadily and rapidly, industrial exports continued to rise steadily, the growth rate of high-energy-consuming industries accelerated, and the ex-factory prices of industrial products and the rising prices of raw materials, fuels and power purchases further slowed down.
In July 2010, the added value of industrial enterprises above designated size increased by 13.4% year-on-year, and the growth rate accelerated by 2.6 percentage points year-on-year, down 0.3 percentage points from the previous month. From January to July, the added value of industrial enterprises above designated size increased by 17% year-on-year, and the growth rate accelerated by 9.5 percentage points year-on-year. Based on the same period of 2008, the average growth rate in January-July in the past two years was 12.1%.
The light industry operation was basically stable, and the growth rate of heavy industry continued to fall. In July 2010, the added value of light industry (above the scale, the same below) increased by 13.5% year-on-year, 1.5 percentage points faster than that in June (the growth rate in the same period last year dropped by 1 percentage point from the previous year); heavy industry increased by 13.3%, down by 1.2 from the previous month. Percentage point (the growth rate in the same period last year accelerated by 0.4 percentage points). The growth rate of light industry in the month was 0.2 percentage points faster than that of heavy industry, which changed the growth rate of heavy industry since June last year, which was faster than the growth of light industry for 13 consecutive months. From January to July, the added value of light and heavy industries increased by 13.6% and 18.4% respectively.
The growth rate of high energy-consuming industries has fallen more than all industries. In July, the added value of the six high-energy-consuming industries increased by 10.5% year-on-year, 1.3 percentage points lower than the previous month, and the rate of decline was faster than that of the entire industry by 1 percentage point. Among them, ferrous metal smelting and rolling processing industry increased by 6% year-on-year, down 2.8 percentage points from the previous month; non-ferrous metal smelting and rolling processing industry, non-metallic mineral products industry increased by 11.9% and 18.5% respectively, up 0.2 from last month and 0.4 percentage points; petroleum processing coking and nuclear fuel processing industry increased by 3.5%, down 2.7 percentage points from the previous month; chemical raw materials and chemical products manufacturing increased by 13.7%, down 0.2 percentage points from the previous month; power generation and supply industry growth 10.4%, down 0.7 percentage points from the previous month. From January to July, the added value of the six high-energy-consuming industries increased by 16.2% year-on-year.
The eastern region has grown steadily, and the growth rate of the central and western regions has continued to fall. In July, the industrial added value of the eastern region increased by 12.9%, which was the same as that of the previous month; the industrial added value of the central and western regions increased by 14.8% and 13.8% respectively, down by 1.1 and 0.3 percentage points from the previous month. The growth rate of industrial enterprises above designated size in 9 provinces and cities nationwide exceeded 20%. Among the major industrial provinces, Jiangsu, Shandong, Guangdong, Zhejiang, Henan and Liaoning increased by 13.5%, 12.8%, 15.3%, 14.6%, 15.3% and 16.4% respectively. From January to July, the eastern, central and western regions increased by 16.1%, 19.9% ​​and 16.9% respectively.
The rebound in industrial product exports slowed down. In July, the export delivery value of industrial enterprises above designated size increased by 27.9% year-on-year, and the growth rate dropped by 3.4 percentage points from the previous month. From January to July, the export delivery value was 490.37 billion yuan, a year-on-year increase of 28.2%, an increase of 8.2% over the same period of 2008. According to customs statistics, China's foreign trade exports from January to July were 850.5 billion US dollars, up 35.6% year-on-year; In July, it increased by 38.1% year-on-year and 1.2% quarter-on-quarter (after deducting seasonal factors).
Industrial investment continued to remain stable. From January to July, the industrial investment was 4.9705 trillion yuan, a year-on-year increase of 22.1% (including 22.6% in July), down 5.1 percentage points from the same period of last year and 0.1 percentage points faster than the first half. Among them, the manufacturing investment was 380.99 billion yuan, an increase of 25.1% (including a 26% increase in July), which was 0.2 percentage points higher than the first half.
The investment growth rate of high energy-consuming industries continued to fall. From January to July, the six high-energy-consuming industries completed an investment of 1,777.6 billion yuan, a year-on-year increase of 15.3%. The growth rate dropped by 8.5 percentage points year-on-year, down 1 percentage point from the first half of the year. In terms of industries, the ferrous metal smelting and rolling industrial and non-metallic mineral products industries increased by 1.6% and 30.9% respectively, down 7.8 and 0.1 percentage points from the first half of the year, and the non-ferrous metal smelting and rolling industries, chemical raw materials and chemical products manufacturing industries increased respectively. 35.5% and 18.9%, 1.3 and 1.6 percentage points faster than the first half. In July, investment in the six high-energy-consuming industries increased by 10.9%, down 3.7 percentage points from the previous month.
The ex-factory price of industrial products fell. In July, the ex-factory price of industrial products increased by 4.8% year-on-year, and the growth rate dropped by 1.6 percentage points from the previous month. The production materials and living materials increased by 5.7% and 2.1% respectively. The purchase price of raw materials and fuel power increased by 8.5% year-on-year. The drop was 2.3 percentage points; the price of fuel power increased by 12%, down 7.5 percentage points from the previous month. In the same month, the ex-factory price of industrial products and the purchase price of raw materials and fuels all fell by 0.4%.
The growth rate of industrial electricity consumption continued to fall. According to the statistics of the China Electricity Council, from January to July, the industrial electricity consumption was 178.2 billion kWh, a year-on-year increase of 22.6% (accounting for 74.3% of the total electricity consumption). Among them, light and heavy industrial electricity consumption increased by 13.5% and 24.6% respectively, and heavy industry electricity consumption reached 83.8%, an increase of 1.3 percentage points over the same period of last year. In the same month, the national industrial electricity consumption increased by 15.3% year-on-year, down 0.4 percentage points from the previous month; among them, the manufacturing electricity consumption increased by 15.7%, down 4.1 percentage points from the previous month, and the average daily electricity consumption decreased by 3% compared with the previous month. The electricity consumption of the energy-consuming industry has declined, with the metallurgy and building materials industries having a large decline.
Production and sales are in good condition. In July, the national industrial product sales rate was 98.1%, up 0.2 percentage points year-on-year, up 0.6 percentage points from the previous month. The production and sales ratios of light and heavy industries were 98% and 98.1% respectively, up by 1.2 and 0.4 percentage points from the previous month. From January to July, the production-sales ratio was 97.7%, an increase of 0.4 percentage points year-on-year.
In July 2010, the added value of industrial enterprises above designated size increased by 13.4% year-on-year, and the growth rate accelerated by 2.6 percentage points year-on-year, down 0.3 percentage points from the previous month. From January to July, the added value of industrial enterprises above designated size increased by 17% year-on-year, and the growth rate accelerated by 9.5 percentage points year-on-year. Based on the same period of 2008, the average growth rate in January-July in the past two years was 12.1%.
The light industry operation was basically stable, and the growth rate of heavy industry continued to fall. In July 2010, the added value of light industry (above the scale, the same below) increased by 13.5% year-on-year, 1.5 percentage points faster than that in June (the growth rate in the same period last year dropped by 1 percentage point from the previous year); heavy industry increased by 13.3%, down by 1.2 from the previous month. Percentage point (the growth rate in the same period last year accelerated by 0.4 percentage points). The growth rate of light industry in the month was 0.2 percentage points faster than that of heavy industry, which changed the growth rate of heavy industry since June last year, which was faster than the growth of light industry for 13 consecutive months. From January to July, the added value of light and heavy industries increased by 13.6% and 18.4% respectively.
The growth rate of high energy-consuming industries has fallen more than all industries. In July, the added value of the six high-energy-consuming industries increased by 10.5% year-on-year, 1.3 percentage points lower than the previous month, and the rate of decline was faster than that of the entire industry by 1 percentage point. Among them, ferrous metal smelting and rolling processing industry increased by 6% year-on-year, down 2.8 percentage points from the previous month; non-ferrous metal smelting and rolling processing industry, non-metallic mineral products industry increased by 11.9% and 18.5% respectively, up 0.2 from last month and 0.4 percentage points; petroleum processing coking and nuclear fuel processing industry increased by 3.5%, down 2.7 percentage points from the previous month; chemical raw materials and chemical products manufacturing increased by 13.7%, down 0.2 percentage points from the previous month; power generation and supply industry growth 10.4%, down 0.7 percentage points from the previous month. From January to July, the added value of the six high-energy-consuming industries increased by 16.2% year-on-year.
The eastern region has grown steadily, and the growth rate of the central and western regions has continued to fall. In July, the industrial added value of the eastern region increased by 12.9%, which was the same as that of the previous month; the industrial added value of the central and western regions increased by 14.8% and 13.8% respectively, down by 1.1 and 0.3 percentage points from the previous month. The growth rate of industrial enterprises above designated size in 9 provinces and cities nationwide exceeded 20%. Among the major industrial provinces, Jiangsu, Shandong, Guangdong, Zhejiang, Henan and Liaoning increased by 13.5%, 12.8%, 15.3%, 14.6%, 15.3% and 16.4% respectively. From January to July, the eastern, central and western regions increased by 16.1%, 19.9% ​​and 16.9% respectively.
The rebound in industrial product exports slowed down. In July, the export delivery value of industrial enterprises above designated size increased by 27.9% year-on-year, and the growth rate dropped by 3.4 percentage points from the previous month. From January to July, the export delivery value was 490.37 billion yuan, a year-on-year increase of 28.2%, an increase of 8.2% over the same period of 2008. According to customs statistics, China's foreign trade exports from January to July were 850.5 billion US dollars, up 35.6% year-on-year; In July, it increased by 38.1% year-on-year and 1.2% quarter-on-quarter (after deducting seasonal factors).
Industrial investment continued to remain stable. From January to July, the industrial investment was 4.9705 trillion yuan, a year-on-year increase of 22.1% (including 22.6% in July), down 5.1 percentage points from the same period of last year and 0.1 percentage points faster than the first half. Among them, the manufacturing investment was 380.99 billion yuan, an increase of 25.1% (including a 26% increase in July), which was 0.2 percentage points higher than the first half.
The investment growth rate of high energy-consuming industries continued to fall. From January to July, the six high-energy-consuming industries completed an investment of 1,777.6 billion yuan, a year-on-year increase of 15.3%. The growth rate dropped by 8.5 percentage points year-on-year, down 1 percentage point from the first half of the year. In terms of industries, the ferrous metal smelting and rolling industrial and non-metallic mineral products industries increased by 1.6% and 30.9% respectively, down 7.8 and 0.1 percentage points from the first half of the year, and the non-ferrous metal smelting and rolling industries, chemical raw materials and chemical products manufacturing industries increased respectively. 35.5% and 18.9%, 1.3 and 1.6 percentage points faster than the first half. In July, investment in the six high-energy-consuming industries increased by 10.9%, down 3.7 percentage points from the previous month.
The ex-factory price of industrial products fell. In July, the ex-factory price of industrial products increased by 4.8% year-on-year, and the growth rate dropped by 1.6 percentage points from the previous month. The production materials and living materials increased by 5.7% and 2.1% respectively. The purchase price of raw materials and fuel power increased by 8.5% year-on-year. The drop was 2.3 percentage points; the price of fuel power increased by 12%, down 7.5 percentage points from the previous month. In the same month, the ex-factory price of industrial products and the purchase price of raw materials and fuels all fell by 0.4%.
The growth rate of industrial electricity consumption continued to fall. According to the statistics of the China Electricity Council, from January to July, the industrial electricity consumption was 178.2 billion kWh, a year-on-year increase of 22.6% (accounting for 74.3% of the total electricity consumption). Among them, light and heavy industrial electricity consumption increased by 13.5% and 24.6% respectively, and heavy industry electricity consumption reached 83.8%, an increase of 1.3 percentage points over the same period of last year. In the same month, the national industrial electricity consumption increased by 15.3% year-on-year, down 0.4 percentage points from the previous month; among them, the manufacturing electricity consumption increased by 15.7%, down 4.1 percentage points from the previous month, and the average daily electricity consumption decreased by 3% compared with the previous month. The electricity consumption of the energy-consuming industry has declined, with the metallurgy and building materials industries having a large decline.
Production and sales are in good condition. In July, the national industrial product sales rate was 98.1%, up 0.2 percentage points year-on-year, up 0.6 percentage points from the previous month. The production and sales ratios of light and heavy industries were 98% and 98.1% respectively, up by 1.2 and 0.4 percentage points from the previous month. From January to July, the production-sales ratio was 97.7%, an increase of 0.4 percentage points year-on-year.
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