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Industrial Production Operation in October 2012

China Agriculture Report By CnAgriChina Agriculture Report Print

In October 2012, the total value added of the industrial enterprises above designated size was up by 9.6 percent year-on-year (the following growth rates of value added are real growth rates, i.e., deducting price factors), increased 0.4 percentage points over that in September. In October, the total value added of the industrial enterprises above designated size went up by 0.81 percent month-on-month. From January to October, the total value added of the industrial enterprises above designated size was up by 10.0 percent year-on-year.

 

 

Analysis on different types of enterprises showed that, in October, the year-on-year growth of the state-owned and state holding enterprises, collective-owned enterprises, joint-stock enterprises, enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan province increased 7.0, 5.1, 11.7 and 4.7 percent respectively.

 

In October, the year-on-year growth of heavy industry increased 9.7 percent, while the light industry went up by 9.1 percent.

 

Grouped by different sectors, in October, all of the 41 industrial divisions kept year-on-year growth. Of this total, the growth of textile industry was 11.9 percent; the manufacture of raw chemical materials and chemical products, up by 11.9 percent; the manufacture of non-metallic mineral products, up by 11.0 percent; the ferrous metal smelting and pressing, up by 12.6 percent; the manufacture of general machinery, 7.1 percent; the manufacture of automobile industry, 5.9 percent; the manufacture of railways, shipbuilding, aerospace and other transportation equipment, 6.1 percent; the manufacture of electric machinery and equipment, 7.9 percent; the manufacture of communication equipment, computers and other electronic equipment, 10.1 percent; and the production and supply of electricity and heat, up by 4.7 percent.

 

In terms of different regions, in October, the value-added of eastern region increased 8.4 percent year-on-year; the central region went up by 10.7 percent; western region rose by 12.8 percent.

 

In terms of different products, of the total 471 products, the output of 340 products in October showed a year-on-year growth. Of this total, the output of pig iron was 81.81 million tons, up by 11.7 percent; that of cement was 210.06 million tons, up by 11.5 percent; that of ten kinds of nonferrous metals was 3.28 million tons, up by 14.0 percent; that of automobiles was 1677 thousand sets, up by 3.8 percent; that of cars was 934 thousand sets, up by 8.2 percent; that of electricity was 389.8 billion kilowatt-hours, up by 6.4 percent; that of crude oil was 39.92 million tons, up by 6.7 percent; that of ethylene was 1.27 million tons, up by 2.5 percent.

 

The sales ratio of industrial products in October was 98.1 percent, 0.2 percentage points lower year-on-year. The total export delivery value of industrial enterprises was 912.7 billion yuan, a nominal year-on-year increase of 5.4 percent.

 

Industrial Production Operation in October

Indicators

October

Jan-Oct

Absolute Value

Increase rate Y/Y
(%)

Absolute Value

Increase rate Y/Y
(%)

 

 

 

 

 

Value-added of Industry Above Designated Size

9.6

10.0

Grouped by Light & Heavy Industry

 

 

 

 

 Light Industry

9.1

10.3

 Heavy Industry

9.7

9.7

Grouped by Status of Registration

 

 

 

 

 State Owned & State-holding Enterprises

7.0

6.4

 Collective-Owned Enterprises

5.1

7.3

 Joint-Stock Enterprises

11.7

11.8

 Enterprises with Funds from Hong Kong, Macao and Taiwan, and Foreign Funded Enterprises

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