Industrial Production Operation in August 2022
National Bureau of Statistics of China2022-09-16 19:05




In August, the added value of industries above designated size increased by 4.2 percent year-on-year (the growth rates of added value are the actual growth rates after deducting price factors). On a month-on-month basis, in August, the added value of industries above designated size increased by 0.32 percent over the previous month. From January to August, the added value of industries above designated size increased by 3.6 percent year-on-year.

 

 

In terms of three categories, in August, the added value of the mining industry increased by 5.3 percent year-on-year, the manufacturing industry increased by 3.1 percent, and the power, heat, gas and water production and supply industry increased by 13.6 percent.

 

In terms of economic types, in August, the added value of state-owned holding enterprises increased by 5.6 percent year-on-year; joint stock enterprises increased by 4.1 percent, and foreign-invested enterprises and Hong Kong, Macao and Taiwan invested enterprises increased by 4.0 percent; and private enterprises increased by 1.1 percent.

 

In terms of industries, in August, the added value of 24 of the 41 major industries maintained year-on-year growth. Among them, the coal mining and washing industry increased by 5.8 percent, the oil and natural gas mining industry increased by 2.3 percent, the agricultural and sideline food processing industry decreased by 2.3 percent, the alcohol, beverage and refined tea manufacturing industry increased by 7.6 percent, the textile industry decreased by 5.1 percent, the chemical raw materials and chemical products manufacturing industry increased by 3.8 percent, the non-metallic mineral products industry decreased by 5.0 percent, the ferrous metal smelting and processing industry decreased by 1.3 percent, and the non-ferrous metal smelting and processing industry increased by 3.6 percent, the general equipment manufacturing industry increased by 0.8 percent, the special equipment manufacturing industry increased by 4.5 percent, the automobile manufacturing industry increased by 30.5 percent, the railway, ship, aerospace and other transportation equipment manufacturing industry increased by 5.8 percent, the electrical machinery and equipment manufacturing industry increased by 14.8 percent, the computer, communication and other electronic equipment manufacturing industry increased by 5.5 percent, and the power, thermal production and supply industry increased by 15.3 percent.

 

In terms of products, in August, the output of 250 of 617 products increased year-on-year. 108.33 million tons of steel, a year-on-year decrease of 1.5 percent; 188.08 million tons of cement, down 13.1 percent; 5.74 million tons of ten non-ferrous metals, up 6.7 percent; 2.22 million tons of ethylene, down 8.6 percent; 2.426 million vehicles, up 39.0 percent, including 714,000 new energy vehicles, up 117.0 percent; power generation was 824.8 billion kwh, up 9.9 percent; crude oil processing capacity was 53.66 million tons, down 6.5 percent.

 

In August, the product sales rate of industrial enterprises was 97.4 percent, a year-on-year decrease of 0.4 percentage point; industrial enterprises realized an export delivery value of 1,287.3 billion yuan, a year-on-year nominal increase of 5.5 percent.

 

Industrial Production Operation in August 2022

 

 

Indicators

August

Jan-Aug

Absolute Value

Increase rate Y/Y

(%)

Absolute Value

Increase rate Y/Y

(%)

Value-added of Industry Above Designated Size

4.2

3.6

Grouped by Three Sectors

       

Mining and Quarrying

5.3

8.7

Manufacturing

3.1

2.7

Of which: Manufacture of  high-tech industry

4.6

8.4

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

13.6

6.0

Grouped by Status of Registration

       

State-holding Enterprises

5.6

3.4

Joint-Stock Enterprises

4.1

4.6

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

4.0

-0.8

Private Enterprises

1.1

3.3

The Value-Added of the Main Industrial Sectors

       

Coal Mining and Washing Industry

5.8

10.9

Petroleum and Natural Gas Exploitation Industry

2.3

5.3

Processing of Food from Agricultural Products

-2.3

2.0

Manufacture of Foods

2.5

3.6

Wine, Beverage and Refined Tea Manufacturing Industry

7.6

8.6

Manufacture of Textile

-5.1

-2.0

Manufacture of Chemical Raw Material and Chemical Products

3.8

4.1

Manufacture of Medicines

-13.1

-3.8

Manufacture of Rubber and Plastics Products

-1.2

-1.1

Manufacture of Nonmetal Mineral Products

-5.0

-2.9

Manufacture of Ferrous Metal Smelting and Pressing

-1.3

-2.4

Manufacture and Processing of Non-Ferrous Metals

3.6

3.8

Manufacture of Fabricated Metal Products

-2.3

-0.2

Manufacture of General Machinery

0.8

-1.9

Manufacture of Special-Purpose Machinery

4.5

4.3

Manufacture of Motor Vehicles

30.5

4.5

Manufacture of Railways, Shipbuilding, Aerospace and Other Transportation Equipment

5.8

2.8

Manufacture of Electric Machinery and Equipment

14.8

10.7

Manufacture of Computer, Communication Equipment and Other Electronic Equipment

5.5

9.3

Production and Supply of Electric Power and Heat Power

15.3

5.8

Output of Major Products

       

Cloth (100 million meters)

30

-9.6

238

-5.0

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

758

-6.4

6281

-0.4

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

322

-0.6

2634

1.9

Ethylene (10,000 tons)

222

-8.6

1838

-2.3

Chemical Fiber (10,000 tons)

559

-4.9

4471

-1.2

Cement (10,000 tons)

18808

-13.1

135485

-14.2

Plate Glass (10 000 weight boxes)

8789

-0.9

68945

0.2

Pig Iron (10,000 tons)

7137

-0.5

58217

-4.1

Crude Steel (10,000 tons)

8387

0.5

69315

-5.7

Steel Products (10,000 tons)

10833

-1.5

88465

-4.3

10 Kinds Of Nonferrous Metals (10,000 tons)

574

6.7

4400

1.9

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

351

9.6

2647

2.1

Metal-Cutting Machine Tool (10,000 sets)

5

-13.5

38

-10.5

Industrial Robot (unit/set)

41261

-1.1

277536

-10.5

Automobile (10,000 sets)

242.6

39.0

1735.8

6.1

Of which: Saloon cars (10,000 sets)

94.9

33.1

658.3

9.9

SUV(10,000 sets)

93.1

50.2

661.2

13.8

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

71.4

117.0

407.4

110.1

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

1175

-13.2

9602

2.8

Micro Computer Equipment (10,000 sets)

3175

-18.6

27846

-6.7

Mobile Phone (10,000 sets)

12772

-8.0

98963

-4.5

Of which: Smartphone (10,000 sets)

9327

-11.4

75686

-4.2

Integrated Circuit (100 ,000,000 pcs)

247

-24.7

2181

-10.0

Raw Coal (10,000 tons)

37044

8.1

292934

11.0

Coke (10,000 tons)

3911

-2.5

31822

-1.1

Crude Oil (10,000 tons)

1694

-0.2

13694

3.2

Crude Processing Volume (10,000 tons)

5366

-6.5

43489

-6.3

Natural Gas (100 million Cubic Meters)

170

6.3

1437

5.5

Electricity (100 million kWh)

8248

9.9

55975

2.5

Thermal Power

5989

14.8

38827

-0.2

Hydro-electric Power

1226

-11.0

8517

11.4

Nuclear Power

363

-0.6

2723

0.9

Wind Power

463

28.2

4373

9.6

Solar Power

206

10.9

1536

13.2

Sales Ratio (%)

97.4

-0.4(percentage point)

96.6

-1.1(percentage point)

Export Delivery Value (100 million yuan)

12873

5.5

99997

10.1

 

 

 

 

 

 

 

 

 

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.    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 2021 to June 2022 was revised according to the results of automatic revision of seasonal adjustment model. The revised results and the month-on-month data in July 2022 are as follows:

 

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

 

Months

Growth Rate (%)

2021-August

0.30

September

0.05

October

0.41

November

0.38

December

0.40

2022-January

0.30

February

0.37

March

0.42

April

-2.84

May

3.11

June

0.87

July

0.38

August

0.32

 

Annex
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