Added Value of Chemical Industry up 7.1% YoY in March
Year:2019 ISSUE:9
COLUMN:NEWSDESK
Click:185    DateTime:May.08,2019


Industrial added value of enterprises with annual main business income of over RMB20 million was up 8.5% YoY in March, according to data that the National Bureau of Statistics made public on April 17.

By the three main categories, added value of the mining industry was up 4.6% YoY in March, 4.3 percentage points greater than the January-February improvement. It was up 9% YoY (3.4 percentage points greater) in the manufacturing industry, and up 7.7% YoY (0.9 percentage points greater) in the electricity, heating power, gas and water production and supply industry.

Looking from economic types, added value of state holding enterprises was up 4.7% YoY in March, and that of joint-equity enterprises was up 10% YoY. Enterprises invested by investors from foreign countries, Hong Kong, Macao and Taiwan saw an improvement of 4.2% YoY, and added value of private enterprises was up 14.2% YoY.

Among 41 major industries, 40 maintained year-on-year improvement of added value in March. In detail, added value was up 5.7% YoY in the agricultural and sideline product processing industry, and up 9% YoY in the textile industry. The chemical industry saw a year-on-year improvement of 7.1%, and the non-metallic mineral product industry saw a 15.4% improvement. The ferrous metal smelting, rolling and processing (SRP) industry saw an improvement of 8.5% YoY, lower than 11.1% in the non-ferrous metal SRP industry and 14.1% in the general equipment manufacturing industry. The special equipment manufacturing and automobile industries both saw improvements, reaching 16.4% and 2.6%, respectively. In addition, it was up 13.6% YoY in the railway, ship, aerospace and other transportation equipment manufacturing industry, and up 15.2% YoY in the electrical machinery and equipment manufacturing industry. The computer, communication and other electronic equipment manufacturing industry saw an improvement of 10.2% YoY, higher than 7.2% in the electricity and heating power production and supply industry.

By regions, added value in eastern regions was up 10.3% YoY; central regions, up 9.6% YoY; western regions, up 7.5% YoY; northeastern regions, up 8% YoY.

In March, 414 of 605 kinds of products maintained year-on-year improvement in production. In detail, steel production was up 11.4% YoY to 97.87 million tons, cement production was up 22.2% YoY to 179.71 million tons, and production of 10 kinds of non-ferrous metals was up 6.9% YoY to 4.67 million tons. Ethylene production was up 7.5% YoY to 1.75 million tons. China produced 2.59 million automobiles (down 2.6% YoY), with the number of sedans down 3.4% YoY to 988 000 while that of new energy vehicles up 41.6% YoY to 109 000. China generated 569.8 billion kWh (up 5.4% YoY) of power in March and processed 53.04 million tons of crude oil, up 3.2% YoY.