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Thursday, September 16, 2021
China's Industrial Production increased by 5.3% in August
National Bureau of Statistics of China

In August, the added value of industries above designated size actually increased by 5.3 percent year-on-year (the growth rate of the following added value was the actual growth rate after deducting price factors), an increase of 11.2 percent over the same period in 2019 and an average increase of 5.4 percent over the two years. On a month-on-month basis, in August, the added value of industries above designated size increased by 0.31 percent over the previous month. From January to August, the added value of industries above designated size increased by 13.1 percent year-on-year, with an average growth of 6.6 percent in two years.

Divided into three categories, in August, the added value of mining industry increased by 2.5 percent year-on-year, that of manufacturing industry increased by 5.5 percent, and that of power, heat, gas and water production and supply industry increased by 6.3 percent.

In terms of economic types, in August, the added value of state-owned holding enterprises increased by 4.6 percent year-on-year; that of joint stock enterprises increased by 6.1 percent, and that of foreign-invested enterprises and enterprises invested by Hong Kong, Macao and Taiwan increased by 3.4 percent; and that of private enterprises increased by 5.2 percent.

In terms of industry, in August, the added value of 34 of the 41 major industries maintained year-on-year growth. Agricultural and sideline food processing industry increased by 7.2 percent, textile industry decreased by 2.5 percent, chemical raw materials and chemical products manufacturing industry increased by 5.5 percent, non-metallic mineral products industry increased by 4.4 percent, ferrous metal smelting and processing industry decreased by 5.3 percent, non-ferrous metal smelting and processing industry increased by 2.8 percent, general equipment manufacturing industry increased by 6.7 percent, special equipment manufacturing industry increased by 8.7 percent, automobile manufacturing industry decreased by 12.6 percent, railway shipbuilding, aerospace and other transportation equipment manufacturing increased by 1.3 percent, electrical machinery and equipment manufacturing increased by 10.3 percent, computer, communication and other electronic equipment manufacturing increased by 13.3 percent, and power and heat production and supply increased by 5.0 percent.

In terms of product, in August, the output of 323 of 612 products increased year-on-year. 108.8 million tons of steel, a year-on-year decrease of 10.1 percent; 215.17 million tons of cement, down 5.2 percent; 5.3 million tons of ten non-ferrous metals, an increase of 0.4 percent; 2.31 million tons of ethylene, an increase of 15.3 percent; 1.734 million vehicles, down 19.1 percent, including 330,000 new energy vehicles, an increase of 151.9 percent; the power generation was 738.3 billion kwh, an increase of 0.2 percent; crude oil processing capacity was 58.35 million tons, down 2.2 percent.

In August, the product sales rate of industrial enterprises was 97.8 percent, a year-on-year decrease of 0.4 percentage point; industrial enterprises achieved an export delivery value of 1,205.5 billion yuan, a year-on-year nominal increase of 14.8 percent.

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