Industrial Production Operation in December 2020

National Bureau of Statistics of China 2021-01-19 10:00 Print| Large| Medium| Small

In December, the added value of industries above designated size increased by 7.3 percent year-on-year (the growth rate of added value below is the real growth rate after deducting price factors), 0.3 percentage point faster than that in November. On a month-on-month basis, the added value of industries above designated size increased by 1.10 percent in December. In 2020, the added value of industries above designated size increased by 2.8 percent over the previous year.

 

 

Divided into three categories, in December, the added value of the mining industry increased by 4.9 percent year-on-year, 2.9 percentage points faster than that in November; the manufacturing industry increased by 7.7 percent, the same as last month; the production and supply of electricity, heat, gas and water increased by 6.1 percent, 0.7 percentage point faster.

            

In terms of economic types, in December, the added value of state-owned holding enterprises increased by 6.4 percent year-on-year; joint stock enterprises increased by 7.0 percent, foreign-invested enterprises and enterprises invested by Hong Kong, Macao and Taiwan increased by 8.5 percent; and private enterprises increased by 7.6 percent.

 

By industry, in December, the added value of 35 of 41 major industries maintained a year-on-year growth. Agricultural and sideline food processing industry increased by 1.5 percent, textile industry increased by 5.2 percent, chemical raw materials and chemical products manufacturing industry increased by 7.5 percent, non-metallic mineral products industry increased by 7.5 percent, ferrous metal smelting and processing industry increased by 10.7 percent, non-ferrous metal smelting and processing industry increased by 3.8 percent, general equipment manufacturing industry increased by 11.1 percent, special equipment manufacturing industry increased by 8.7 percent, automobile manufacturing industry increased by 9.7 percent The shipbuilding, aerospace and other transportation equipment manufacturing industry increased by 8.7 percent, the electrical machinery and equipment manufacturing industry increased by 15.6 percent, the computer, communication and other electronic equipment manufacturing industry increased by 11.4 percent, and the power and heat production and supply industry increased by 5.4 percent.

 

By region, in December, the added value of the eastern region increased by 8.8 percent, that of the central, western and northeast region rose by 6.9, 4.5 and 8.3 percent respectively.

 

By product, in December, 417 of 612 products increased year-on-year. Steel was 120.34 million tons, a year-on-year increase of 12.8 percent; cement  was 213.33 million tons, an increase of 6.3 percent; ten kinds of non-ferrous metals was 5.75 million tons, an increase of 8.6 percent; ethylene was 2.08 million tons, an increase of 11.3 percent; automobile was 2.804 million, an increase of 6.5 percent, including new energy automobile 238,000 sets, an increase of 55.6 percent; power generation was 727.7 billion kwh, an increase of 9.1 percent; crude oil processing capacity was 60 million tons, an increase of 2.1 percent.

 

In December, the product sales rate of industrial enterprises was 98.4 percent, which was the same as that in the same month of last year; the export delivery value of industrial enterprises reached 1,275.3 billion yuan, a nominal increase of 9.5 percent year on year.

                          

Industrial Production Operation in December 2020

 

Indicators

December

Jan-Dec

Absolute Value

Increase rate Y/Y

(%)

Absolute Value

Increase rate Y/Y

(%)

         

Value-added of Industry Above Designated Size

7.3

2.8

Grouped by Three Sectors

 

 

 

 

 Mining and Quarrying

4.9

0.5

 Manufacturing

7.7

3.4

    Manufacture of  high-tech industry

13.1

7.1

Production and Distribution of Electricity, Heating Power, Gas and Water

6.1

2.0

Grouped by Status of Registration

 

 

 

 

State-holding Enterprises

6.4

2.2

 Joint-Stock Enterprises

7.0

3.0

 Enterprises with Funds from Hong Kong, Macao and Taiwan, and Foreign Funded Enterprises

8.5

2.4

 Private Enterprises

7.6

3.7

The Value-Added of the Main Industrial Sectors

 

 

 

 

 Processing of Food from Agricultural Products

1.5

-1.5

 Manufacture of Foods

2.4

1.5

 Manufacture of Textile

5.2

0.7

Manufacture of Chemical Raw Material and Chemical Products

7.5

3.4

Manufacture of Medicines

16.9

5.9

 Manufacture of Rubber and Plastics Products

5.9

1.8

 Manufacture of Nonmetal Mineral Products

7.5

2.8

Manufacture of Ferrous Metal Smelting and Pressing

10.7

6.7

 Manufacture and Processing of Non-Ferrous Metals

3.8

2.5

 Manufacture of Fabricated Metal Products

13.0

5.2

 Manufacture of General Machinery

11.1

5.1

 Manufacture of Special-Purpose Machinery

8.7

6.3

 Manufacture of Motor Vehicles

9.7

6.6

Manufacture of Railways, Shipbuilding, Aerospace and Other Transportation Equipment

8.7

-0.3

 Manufacture of Electric Machinery and Equipment

15.6

8.9

Manufacture of Computer, Communication Equipment and Other Electronic Equipment

11.4

7.7

 Production and Supply of Electric Power and Heat Power

5.4

1.9

Output of Major Products

 

 

 

 

 Cloth (100 million meters)

38

-4.3

371

-15.7

 Sulfuric Acid(100%) (10,000 tons)

801

6.3

8332

-1.2

 Caustic Soda(100%) (10,000 tons)

338

8.3

3643

5.7

 Ethylene (10,000 tons)

208

11.3

2160

4.9

 Chemical Fiber (10,000 tons)

604

12.2

6168

3.4

Cement (10,000 tons)

21333

6.3

237691

1.6

Plate Glass (10 000 weight boxes)

8378

2.4

94572

1.3

 Pig Iron (10,000 tons)

7422

5.4

88752

4.3

 Crude Steel (10,000 tons)

9125

7.7

105300

5.2

 Steel Products (10,000 tons)

12034

12.8

132489

7.7

10 Kinds Of Nonferrous Metals (10,000 tons)

575

8.6

6168

5.5

 Of which: Primary Aluminium (Electrolytic Aluminium) (10,000 tons)

327

7.6

3708

4.9

Metal-Cutting Machine Tool (10,000 sets)

5

32.4

45

5.9

Industrial Robot (unit/set)

29706

32.4

237068

19.1

Automobile (10,000 sets)

280.4

6.5

2462.5

-1.4

 Of which: Saloon cars (10,000 sets)

106.2

11.0

928.6

-8.3

         SUV(10,000 sets)

100.8

4.9

853.2

1.5

 Of which: New Energy Automobile (10,000 sets)

23.8

55.6

145.6

17.3

Generator Set (Power Generating Equipment) (10,000 kWh)

1690

31.9

14168

30.3

Micro Computer Equipment (10,000 sets)

4465

42.3

37800

12.7

 Mobile Phone (10,000 sets)

16496

-2.6

147193

-9.5

 Of which: Smartphone (10,000 sets)

12355

6.2

110301

-5.0

Integrated Circuit (100 ,000,000 pcs)

276

20.8

2613

16.2

Raw Coal (10,000 tons)

35189

3.2

384374

0.9

Coke (10,000 tons)

3972

1.2

47116

0.0

Crude Oil (10,000 tons)

1627

0.9

19492

1.6

 Crude Processing Volume (10,000 tons)

6000

2.1

67441

3.0

  Natural Gas (100 million Cubic Meters)

187

13.7

1888

9.8

  Electricity (100 million kWh)

7277

9.1

74170

2.7

 Thermal Power

5647

9.2

52799

1.2

 Hydro-electric Power

764

11.3

12140

5.3

 Nuclear Power

353

6.2

3663

5.1

 Wind Power

409

7.1

4146

10.5

 Solar Power

104

8.9

1421

8.5

Sales Ratio (%)

98.4

0.0(percentage point)

97.9

-0.1(percentage point)

Export Delivery Value (100 million yuan)

12753

9.5

122796

-0.3

         

 

 

 

 

 

 

 

 

 

Annotations:

 

1. Explanation of Indicator.

 

Growth rate of value added of the industrial enterprises: also known as industrial growth rate, which is used to reflect a certain period of increase or decrease in volume of industrial production indicators of the degree of change. The indicator can be used to estimate the short-term trend of the industrial economy, to judge the extent of the economic boom, and also to be an important reference and basis for the formulation and adjustment of economic policies, and for the implementation of macroeconomic adjustment and control.

 

Sales ratio: refers to sale value and industrial output value, which reflecting the situation between production and sales of industrial products.

 

Export delivery value: refers to the foreign trade department of industrial enterprises or self-run (commission) exports (including sold in Hong Kong, Macao and Taiwan), with the price of foreign exchange settlement of product value, and foreign samples, materials processing, component assembly and compensation trade product value.

 

Daily product output: the total production of the total value added of the industrial enterprises above designated size in the current month divided by number of days in the month.

 

2. Statistical Coverage.

 

The standard starting point of industrial enterprises above designated size was 20 million yuan of annual revenue from primary business.

 

Due to the annual changes of the coverage of industrial enterprises above designated size, and in order to ensure that the data for this year is comparable with that of the previous year, the data of the corresponding period used for calculating the year-on-year growth rates of various indicators such as product output is as consistent with the enterprise statistical coverage of the current period as possible, and there is a difference in caliber from the data published last year. The main reasons are: (1) Coverage changes of statistical units. Each year, some companies will be included in the survey after having reached requisite size, and some will exit the survey due to their smaller size, and there are also influence of new built and starting enterprises, bankruptcies, and companies that have been suspended or sold. (2) There is cross-regional repeated calculation in the output data of some enterprise group (company) products, which has been eliminated according to specific surveys.

 

3. Survey Methods.

 

The reports of industrial enterprises above designated size are conducted with complete survey on a monthly basis (Not report for January).

 

4. Division on Eastern, Central and Western Regions.

 

Eastern region includes Beijing, Tianjin, Hebei, Liaoning, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong, and Hainan. Central region includes Shanxi, Jilin, Heilongjiang, Anhui, Jiangxi, Henan, Hubei, and Hunan. Western region includes Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, and Xinjiang. Northeastern region includes Liaoning, Jilin and Heilongjiang.

                                            

5. Standard on industrial classification

 

NBS enforces New Standard on Industrial Classification for National Economic Activities" (GB/T 4754-2017). For details, please refer the following link: http://www.stats.gov.cn/tjsj/tjbz/hyflbz.

 

6. Revision on month-on-month data

 

The month-on-month growth rate of the total value added of the industrial enterprises above designated size from December 2019 to December 2020 was revised according to the results of automatic revision of seasonal adjustment model. The results are as follows:

 

The Month-on-Month Growth Rate of Industrial Production Operation

 

Months

Growth Rate (%)

 

 

     2019-December

0.60

     2020-January

-2.32

     February

-24.01

     March

30.11

     April

1.89

     May

1.39

     June

1.37

     July

0.90

     August

1.08

     September

1.09

     October

0.79

     November

1.03

     December

1.10