Overall situation of industrial economic operations in July 2009
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From January to July, the added value of industrial enterprises above designated size increased by 7.5%, 0.5 percentage points faster than the first half of the year. Among them, in July, industrial added value increased by 10.8% year-on-year, 0.1 percentage points faster than last month, and industrial production growth rate has been continuous. Two-digit growth was maintained for two months.
The growth rate of heavy industry continued to rise, and the growth of light industry slowed down. In July, the industrial added value of light industry completed a year-on-year increase of 9.2%, down 1 percentage point from the previous month; heavy industry increased by 11.3%, 0.4 percentage points higher than last month. The growth rate of heavy industry has been lower than that of light industry in October last year, and reached a low point of 2.7% in January-February. In recent months, driven by rapid investment growth, it showed a rapid recovery trend, and increased in June. The speed exceeded the light industry again and continued to accelerate in July. From January to July, light and heavy industries increased by 8.1% and 7.2% respectively.
Industrial production in the eastern, central and western regions has generally accelerated, but the growth rate of several major industrial provinces has slowed down from last month. In the same month, the industrial added value of the eastern, central and western regions increased by 9.5%, 11.8% and 15.2% respectively, the eastern and western regions accelerated by 0.2 percentage points from the previous month, and the central region slowed by 0.3 percentage points. The industrial added value of Shandong, Jiangsu, Guangdong, and Zhejiang (accounting for 13.4%, 11.8%, 10.7%, and 5.5% of the national total) increased by 14.9%, 13.3%, 8.2%, and 5.2%, respectively, down 1.9 from last month. , 2.5, 0.7 and 1.9 percentage points. Liaoning (accounting for 5.4% of the national total) increased by 15%, accelerating by 0.9 percentage points. Shanghai's industrial growth rate (3.5% of the national total) was 1.8%, down 0.3 percentage points. The industrial growth rate of all provinces in the month was positive. From January to July, only Shanghai and Shanxi industrial added value increased negatively, down 4.4% and 14.3% respectively.
Industrial fixed asset investment declined slightly. From January to July, industrial investment was 4,088.7 billion yuan (42.4% of total urban fixed assets investment), an increase of 27.2% year-on-year (5.7 percentage points lower than the growth rate of urban fixed asset investment), which was 1.5 percentage points lower than the first half of the year; Manufacturing investment was 3,044.8 billion yuan (74.8% of industrial investment), up 28.1% year-on-year, slightly lower than the first half. In July, industrial investment grew by 20.9%, down 7.4 percentage points from June.
The ex-factory price of industrial products increased year-on-year, and the chain rose. In July, the ex-factory price of industrial products fell by 8.2% year-on-year, a decrease of 0.4 percentage points from the previous month; the chain rose by 1%, which has been rising for four consecutive months. The purchase price of raw materials, fuels and power decreased by 11.7% year-on-year, and the decrease was 0.5 percentage points higher than that of the previous month. From January to July, the ex-factory price of industrial products decreased by 6.2% year-on-year, and the purchase price of raw materials, fuels and power decreased by 9.2%.
The export situation of industrial products remains sluggish. According to customs statistics, China’s foreign trade exports in July fell by 23% year-on-year, 1.6 percentage points more than in June. The export delivery value of industrial enterprises above designated size fell by 14.7% year-on-year, down 0.2 percentage points from the previous month.
The connection between production and sales has improved. In July, the national industrial product sales rate was 97.9%, up 0.6 percentage points from the previous month and unchanged from the same period of last year; the light and heavy industry production and sales rates were 97.9% and 98% respectively, up 1.1 and 0.5 percentage points from the previous month.
(Except for the relevant statistics, the import and export data are customs statistics, and the rest are data of the National Bureau of Statistics or according to the data of the National Bureau of Statistics.)
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