Industrial Production Operation in July 2021
National Bureau of Statistics of China2021-08-17 10:00




In July, the added value of industries above designated size actually increased by 6.4 percent year-on-year (the growth rate of the following added value is the actual growth rate after deducting price factors), an increase of 11.5 percent over the same period in 2019 and an average increase of 5.6 percent over the two years. On a month-on-month basis, in July, the added value of industries above designated size increased by 0.30 percent over the previous month. From January to July, the added value of industries above designated size increased by 14.4 percent year-on-year, with an average growth of 6.7 percent in the two years.

 

 

Divided into three categories, in July, the added value of the mining industry increased by 0.6 percent year-on-year; the manufacturing industry increased by 6.2 percent; the production and supply of electricity, heat, gas and water increased by 13.2 percent.

            

In terms of economic types, in July, the added value of state-owned holding enterprises increased by 7.2 percent year-on-year; that of joint stock enterprises increased by 7.1 percent, that of foreign-invested enterprises and enterprises invested by Hong Kong, Macao and Taiwan increased by 3.8 percent; and that of private enterprises increased by 6.1 percent.

 

By industry, in July, the added value of 35 of the 41 major industries maintained year-on-year growth. Agricultural and sideline food processing industry increased by 5.9 percent, textile industry decreased by 1.0 percent, chemical raw materials and chemical products manufacturing industry increased by 6.6 percent, non-metallic mineral products industry increased by 5.9 percent, ferrous metal smelting and  processing industry decreased by 2.6 percent, nonferrous metal smelting and processing industry increased by 2.3 percent, general equipment manufacturing industry increased by 7.6 percent, special equipment manufacturing industry increased by 5.3 percent, automobile manufacturing industry decreased by 8.5 percent, railway, shipbuilding, aerospace and other transportation equipment manufacturing increased by 4.6 percent, electrical machinery and equipment manufacturing increased by 10.3 percent, computer, communication and other electronic equipment manufacturing increased by 13.0 percent, and power and heat production and supply increased by 12.7 percent.

 

By product, in July, the output of 333 of 612 products increased year-on-year. 111 million tons of steel, a year-on-year decrease of 6.6 percent; 205.82 million tons of cement, down 6.5 percent; 5.37 million tons of ten non-ferrous metals, an increase of 7.1 percent; 2.38 million tons of ethylene, an increase of 23.5 percent; 1,853,000 vehicles, down 15.8 percent, including 289,000 new energy vehicles, up 162.7 percent; the power generation was 758.6 billion kwh, an increase of 9.6 percent; crude oil processing capacity was 59.06 million tons, down 0.9 percent.

 

In July, the product sales rate of industrial enterprises was 97.7 percent, a year-on-year decrease of 0.7 percentage point; industrial enterprises achieved an export delivery value of 1,160.7 billion yuan, a year-on-year nominal increase of 11.0 percent.

                          

Industrial Production Operation of July 2021

 

Indicators

July

Jan-Jul

Absolute Value

Increase rate Y/Y

(%)

Absolute Value

Increase rate Y/Y

(%)

 

 

 

   

Value-added of Industry Above Designated Size

6.4

14.4

Grouped by Three Sectors

 

 

 

 

 Mining and Quarrying

0.6

5.3

 Manufacturing

6.2

15.4

    Manufacture of  high-tech industry

15.6

21.5

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

13.2

13.4

Grouped by Status of Registration

 

 

 

 

State-holding Enterprises

7.2

11.2

 Collective-Owned Enterprises

7.1

14.4

 Joint-Stock Enterprises

3.8

14.9

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

6.1

16.3

The Value-Added of the Main Industrial Sectors

 

 

 

 

 Processing of Food from Agricultural Products

5.9

10.0

 Manufacture of Foods

5.0

9.1

 Manufacture of Textile

-1.0

6.6

Manufacture of Chemical Raw Material and Chemical Products

6.6

13.4

Manufacture of Medicines

25.3

29.3

 Manufacture of Rubber and Plastics Products

1.1

14.2

 Manufacture of Nonmetal Mineral Products

5.9

16.6

Manufacture of Ferrous Metal Smelting and Pressing

-2.6

9.2

 Manufacture and Processing of Non-Ferrous Metals

2.3

6.9

 Manufacture of Fabricated Metal Products

12.7

25.5

 Manufacture of General Machinery

7.6

21.5

 Manufacture of Special-Purpose Machinery

5.3

17.8

 Manufacture of Motor Vehicles

-8.5

16.7

Manufacture of Railways, Shipbuilding, Aerospace and Other Transportation Equipment

4.6

13.6

 Manufacture of Electric Machinery and Equipment

10.3

26.2

Manufacture of Computer, Communication Equipment and Other Electronic Equipment

13.0

18.7

 Production and Supply of Electric Power and Heat Power

12.7

13.0

Output of Major Products

 

 

 

 

 Cloth (100 million meters)

34

7.2

222

12.7

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

774

4.7

5371

8.5

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

309

-0.6

2231

9.2

 Ethylene (10,000 tons)

238

23.5

1636

26.5

 Chemical Fiber (10,000 tons)

597

9.3

3935

16.3

Cement (10,000 tons)

20582

-6.5

135304

10.4

Plate Glass (10 000 weight boxes)

8831

12.3

59918

11.1

 Pig Iron (10,000 tons)

7285

-8.9

53350

2.3

 Crude Steel (10,000 tons)

8679

-8.4

64933

8.0

 Steel Products (10,000 tons)

11100

-6.6

80902

10.5

10 Kinds Of Nonferrous Metals (10,000 tons)

537

7.1

3787

10.5

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

326

7.4

2289

9.5

Metal-Cutting Machine Tool (10,000 sets)

5

27.5

35

44.2

Industrial Robot (unit/set)

31342

42.3

205094

64.6

Automobile (10,000 sets)

185.3

-15.8

1459.1

18.9

 Of which: Saloon cars (10,000 sets)

70.6

-14.5

524.6

17.5

     SUV(10,000 sets)

65.4

-12.9

517.8

21.9

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

28.9

162.7

157.2

194.9

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

1108

-8.8

8113

9.6

Micro Computer Equipment (10,000 sets)

3597

10.3

25598

37.9

 Mobile Phone (10,000 sets)

12692

-2.1

87846

16.4

 Of which: Smartphone (10,000 sets)

9496

-6.9

66778

13.0

Integrated Circuit (100 ,000,000 pcs)

316

41.3

2036

47.3

Raw Coal (10,000 tons)

31417

-3.3

226187

4.9

Coke (10,000 tons)

3879

-2.9

27644

3.2

Crude Oil (10,000 tons)

1687

2.5

11621

2.4

 Crude Processing Volume (10,000 tons)

5906

-0.9

41241

8.9

  Natural Gas (100 million Cubic Meters)

158

9.8

1202

10.7

  Electricity (100 million kWh)

7586

9.6

46450

13.2

 Thermal Power

5240

12.7

33537

14.7

 Hydro-electric Power

1422

-4.3

6247

-0.1

 Nuclear Power

382

14.4

2333

13.8

 Wind Power

380

25.4

3294

29.3

 Solar Power

162

12.1

1038

9.7

Sales Ratio (%)

97.7

-0.7(percentage point)

97.7

0.2(percentage point)

Export Delivery Value (100 million yuan)

11607

11.0

78130

20.7

 

 

 

   

 

 

 

 

 

 

 

 

 

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 July 2020 to June 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-July

0.96

     August

1.02

     September

1.06

     October

0.78

     November

0.61

     December

0.65

     2021-January

0.64

     February

0.66

     March

0.60

     April

0.50

     May

0.53

     June

0.56

     July

0.30

 

 

 

Annex
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