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Value-added of Industry Kept Surging in October

Value-added of Industry Kept Surging in October

Write: Hettie [2011-05-20]

Value-added of Industry Kept Surging in October

In October, the value-added of the industrial enterprises that above designated size (all state-owned enterprises and non-state-owned enterprises with an annual sales income over 5 million yuan) increased 17.9 percent year-on-year. The sales ratio of industrial products was 98.3 percent, rose by 0.04 percentage point over the same month of last year. Industrial enterprises achieved a total export delivery value of 657.1 billion yuan, a year-on-year rise of 18.5 percent.

In terms of main sectors, the growth rate of manufacture of textile, raw chemical materials and chemical products, non-metallic mineral products, smelting and pressing of ferrous metals expanded respectively 15.3, 19.1, 22.7 and 17.8 percent; that of manufacture of general purpose machinery, transportation equipment manufacturing industry, electromechanical equipment manufacturing climbed 23.4, 24.8 and 23.7 percent correspondingly; that of manufacture of communication equipment, computers and other electric equipment increased 18.9 percent; and that of production and supply of electric power and heat power rose by 13.1 percent.

In terms of major industrial products, the output of coal, crude oil and electricity respectively reached 199 million tons, 15.81 million tons and 272.8 billion kilowatt-hours, increased 4.0, 1.9 and 13.9 percent respectively. The output of pig iron, crude steel and rolled steel stood at 40.84, 42.92 and 49.08 million tons, rose by 13.2, 13.5 and 17.0 percent respectively; that of cement was 124 million tons, up by 9.8 percent; that of automobiles was 752 thousand sets, up by 24.3 percent, of which, 394 thousand sets of cars with a growth of 25.7 percent over the same month of the previous year.

From January to October, the accumulated value-added of industrial enterprises above designated size achieved a year-on-year rise of 18.5 percent.