Industrial Production Operation in October 2021--Monthly Ecomomic Report-- All China Data

Industrial Production Operation in October 2021

http://data.acmr.com.cn 2021/11/16 National Bureau of Statistics of China

In October, the added value of industries above designated size actually increased by 3.5 percent year-on-year (the growth rate of the following added value was the actual growth rate excluding price factors), an increase of 10.6 percent over the same period in 2019 and an average increase of 5.2 percent over the two years. On a month-on-month basis, in October, the added value of industries above designated size increased by 0.39 percent over the previous month. From January to October, the added value of industries above designated size increased by 10.9 percent year-on-year, with an average growth of 6.3 percent in the two years.

Divided into three categories, in October, the added value of the mining industry increased by 6.0 percent year-on-year; that of the manufacturing industry increased by 2.5 percent; that of the production and supply of electricity, heat, gas and water increased by 11.1 percent.

In terms of economic types, in October, the added value of state-owned holding enterprises increased by 5.2 percent year-on-year; that of joint stock enterprises increased by 4.2 percent, and foreign-invested enterprises and enterprises invested by Hong Kong, Macao and Taiwan increased by 1.3 percent; and that of private enterprises increased by 2.4 percent.

By industry, in October, the added value of 28 of the 41 major industries maintained year-on-year growth. Agricultural and sideline food processing industry increased by 3.3 percent, textile industry decreased by 5.9 percent, chemical raw materials and chemical products manufacturing industry increased by 0.8 percent, non-metallic mineral products industry decreased by 4.1 percent, ferrous metal smelting and processing industry decreased by 12.8 percent, non-ferrous metal smelting and processing industry remained unchanged year-on-year, general equipment manufacturing industry increased by 1.0 percent, special equipment manufacturing industry increased by 7.2 percent, automobile manufacturing industry decreased by 7.9 percent, railway, shipbuilding, aerospace and other transportation equipment manufacturing increased by 6.5 percent, electrical machinery and equipment manufacturing increased by 5.3 percent, computer, communication and other electronic equipment manufacturing increased by 14.0 percent, and power and heat production and supply increased by 10.7 percent.

By product, in October, the output of 246 of 612 products increased year-on-year. 101.74 million tons of steel, a year-on-year decrease of 14.9 percent; 201.4 million tons of cement, down 17.1 percent; 5.26 million tons of ten non-ferrous metals, down 2.6 percent; 2.32 million tons of ethylene, an increase of 4.0 percent; 2.344 million vehicles, down 8.3 percent, including 408,000 new energy vehicles, up 127.9 percent; the power generation was 639.3 billion kwh, an increase of 3.0 percent; and crude oil processing capacity was 58.4 million tons, down 3.0 percent.

In October, the product sales rate of industrial enterprises was 97.3 percent, a year-on-year decrease of 1.1 percentage points; industrial enterprises achieved an export delivery value of 1,267.1 billion yuan, a year-on-year nominal increase of 11.6 percent.