Industrial Production Operation in April 2021
National Bureau of Statistics of China2021-05-18 10:00




In April, the added value of industries above designated size increased by 9.8 percent year-on-year (the growth rate of added value below was the real growth rate after deducting the price factor), 14.1 percent higher than that of the same period in 2019, with an average growth of 6.8 percent in two years. On a month-on-month basis, in April, the added value of industries above designated size increased by 0.52 percent over the previous month. From January to April, the added value of industries above designated size increased by 20.3 percent year on year.

 

 

In April, the added value of mining industry increased by 3.2 percent year on year; that of the manufacturing industry grew by 10.3 percent; and that of electricity, heat, gas and water production and supply increased by 10.3 percent.

            

In terms of economic types, the added value of state-owned holding enterprises increased by 8.6 percent year on year in April; that of joint stock enterprises increased by 10.4 percent, and that of foreign-funded enterprises and enterprises invested by Hong Kong, Macao and Taiwan increased by 8.4 percent; that of Private enterprises increased by 11.2 percent.

 

In terms of industries, in April, the added value of 37 of 41 major industries maintained a year-on-year growth. Agricultural and sideline food processing industry increased by 3.4 percent, textile industry increased by 2.5 percent, chemical raw materials and chemical products manufacturing industry increased by 8.7 percent, non-metallic mineral products industry increased by 12.6 percent, ferrous metal smelting and processing industry increased by 10.9 percent, non-ferrous metal smelting and processing industry increased by 1.4 percent, general equipment manufacturing industry increased by 14.9 percent, special equipment manufacturing industry increased by 10.2 percent, automobile manufacturing industry increased by 7.7 percent, the railway, shipbuilding, aerospace and other transportation equipment manufacturing industry increased by 7.7 percent, the electrical machinery and equipment manufacturing industry increased by 22.6 percent, the computer, communication and other electronic equipment manufacturing industry increased by 10.4 percent, and the power and heat production and supply industry increased by 9.8 percent.

 

In terms of products, in April, 445 of 612 products increased year on year. 121.28 million tons of steel, a year-on-year increase of 12.5 percent; 239.28 million tons of cement, an increase of 6.3 percent; 5.48 million tons of ten kinds of non-ferrous metals, an increase of 11.6 percent; 2.21 million tons of ethylene, an increase of 19.0 percent; 2.273 million vehicles, an increase of 6.8 percent, of which 229,000 new energy vehicles, an increase of 175.9 percent; The generating capacity was 623 billion kwh, an increase of 11.0 percent; Crude oil processing capacity was 57.9 million tons, an increase of 7.5 percent.

 

In April, the product sales rate of industrial enterprises was 98.3 percent, up 0.4 percentage point year on year; The value of export delivery of industrial enterprises reached 1,158.4 billion yuan, a nominal increase of 18.5 percent year on year.

                          

Industrial Production Operation of April 2021

 

Indicators

April

Jan-Apr

Absolute Value

Increase rate Y/Y

(%)

Absolute Value

Increase rate Y/Y

(%)

 

 

 

   

Value-added of Industry Above Designated Size

9.8

20.3

Grouped by Three Sectors

 

 

 

 

 Mining and Quarrying

3.2

8.4

 Manufacturing

10.3

22.2

    Manufacture of  high-tech industry

12.7

25.6

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

10.3

14.5

Grouped by Status of Registration

 

 

 

 

State-holding Enterprises

8.6

14.8

 Joint-Stock Enterprises

10.4

19.9

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

8.4

23.0

 Private Enterprises

11.2

23.9

The Value-Added of the Main Industrial Sectors

 

 

 

 

 Processing of Food from Agricultural Products

3.4

11.8

 Manufacture of Foods

1.4

12.7

 Manufacture of Textile

2.5

16.1

Manufacture of Chemical Raw Material and Chemical Products

8.7

17.6

Manufacture of Medicines

19.0

25.9

 Manufacture of Rubber and Plastics Products

9.2

25.2

 Manufacture of Nonmetal Mineral Products

12.6

26.7

Manufacture of Ferrous Metal Smelting and Pressing

10.9

14.8

 Manufacture and Processing of Non-Ferrous Metals

1.4

10.7

 Manufacture of Fabricated Metal Products

21.0

33.9

 Manufacture of General Machinery

14.9

31.6

 Manufacture of Special-Purpose Machinery

10.2

28.2

 Manufacture of Motor Vehicles

7.7

38.8

Manufacture of Railways, Shipbuilding, Aerospace and Other Transportation Equipment

7.7

21.2

 Manufacture of Electric Machinery and Equipment

22.6

37.9

Manufacture of Computer, Communication Equipment and Other Electronic Equipment

10.4

24.2

 Production and Supply of Electric Power and Heat Power

9.8

14.2

Output of Major Products

 

 

 

 

 Cloth (100 million meters)

34

9.0

117

14.6

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

792

5.1

3104

13.7

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

321

9.1

1279

12.9

 Ethylene (10,000 tons)

221

19.0

939

26.2

 Chemical Fiber (10,000 tons)

583

11.6

2170

22.1

Cement (10,000 tons)

23928

6.3

68010

30.1

Plate Glass (10 000 weight boxes)

8605

15.9

33404

10.5

 Pig Iron (10,000 tons)

7597

3.8

30664

8.7

 Crude Steel (10,000 tons)

9785

13.4

37456

15.8

 Steel Products (10,000 tons)

12128

12.5

45253

20.1

10 Kinds Of Nonferrous Metals (10,000 tons)

548

11.6

2143

11.5

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

335

12.4

1302

9.6

Metal-Cutting Machine Tool (10,000 sets)

6

37.2

21

57.7

Industrial Robot (unit/set)

30178

43.0

105439

79.2

Automobile (10,000 sets)

227.3

6.8

865.8

53.4

 Of which: Saloon cars (10,000 sets)

74.0

-3.5

303.9

50.1

     SUV(10,000 sets)

83.5

14.7

313.1

55.2

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

22.9

175.9

78.3

260.8

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

1090

10.8

4298

40.6

Micro Computer Equipment (10,000 sets)

3590

13.5

13848

56.0

 Mobile Phone (10,000 sets)

12754

13.5

47794

27.5

 Of which: Smartphone (10,000 sets)

9743

11.5

36063

26.9

Integrated Circuit (100 ,000,000 pcs)

287

29.4

1104

51.7

Raw Coal (10,000 tons)

32222

-1.8

129440

11.1

Coke (10,000 tons)

3934

2.4

15862

7.4

Crude Oil (10,000 tons)

1641

3.4

6563

1.9

 Crude Processing Volume (10,000 tons)

5790

7.5

23210

14.2

  Natural Gas (100 million Cubic Meters)

169

7.0

702

11.6

  Electricity (100 million kWh)

6230

11.0

25276

16.8

 Thermal Power

4517

12.5

18901

18.9

 Hydro-electric Power

776

3.3

2727

1.1

 Nuclear Power

324

5.2

1250

14.9

 Wind Power

470

21.1

1870

28.2

 Solar Power

144

-6.4

527

7.6

Sales Ratio (%)

98.3

0.4 (percentage point)

97.9

0.9 (percentage point)

Export Delivery Value (100 million yuan)

11584

18.5

43062

27.3

 

 

 

   

 

 

 

 

 

 

 

 

 

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.

 

Two years average growth rate: it refers to the growth rate calculated by geometric average method with the corresponding number of the same period in 2019 as the base. 

 

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. 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.

 

5. 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 April 2020 to March 2021 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 (%)

 

 

     2020-April

1.89

     May

1.25

     June

1.29

     July

0.90

     August

1.02

     September

1.09

     October

0.78

     November

0.60

     December

0.64

     2021-January

0.66

     February

0.68

     March

0.60

     April

0.52

 

 

 

Annex
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