Industrial Production Operation in November 2011
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Industrial Production Operation in November 2011
National Bureau of Statistics of China  2011.12.12 09:54:00

In November, the total value added of the industrial enterprises above designated size was up 12.4 percent year-on-year, or 0.8 percentage points lower than that in October. From January to November, the total value added of the industrial enterprises above designated size surged 14.0 percent, dropped 0.1 percentage points as in the first ten months. In terms of month-on-month increase, the growth rate of the total value added of the industrial enterprises above designated size was 0.91 percent in November.

Analysis on different types of enterprises showed that in November, the year-on-year growth of the state-owned and state holding enterprises went up by 7.8 percent; collective enterprises, 6.8 percent; share-holding enterprises, 14.4 percent; and 8.4 percent growth for enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan province.

The year-on-year growth of heavy industry in November was 12.4 percent, and 12.4 percent for the light industry.

Grouped by different sectors, in November, all the 39 industrial divisions kept year-on-year growth. Of this total, the growth of textile industry was 10.1 percent; the manufacture of raw chemical materials and chemical products, up by 14.5 percent; the manufacture of non-metallic mineral products, up by 16.8 percent; the ferrous metal smelting and pressing, up by 9.7 percent; the manufacture of general machinery, 14.2 percent; the manufacture of transport equipment, 11.4 percent; the manufacture of electric machinery and equipment, 11.6 percent; the manufacture of communication equipment, computers and other electronic equipment, 13.4 percent; and the production and supply of electricity, gas and water, up 7.6 percent.

In terms of different regions, in November, the added-value of eastern region increased 9.6 percent year-on-year, dropped 1.0 percentage points than that in October; the central region went up by 17.6 percent, declined 0.2 percentage point; western region rose by 16.0 percent, decreased 0.3 percentage points.

In terms of different products, of the total 468 products, the output of 339 products in the November showed a year-on-year growth. Of this total, the output of electricity was 371.3 billion kilowatt-hours, daily output stood at 12.4 billion kilowatt-hours, up by 8.5 percent; that of pig iron was 70.10 million tons, daily output reached 2.34 million tons, up by 7.8 percent; that of cement was 188.06 million tons, daily output hit 6.27 million tons, up by 11.2 percent; that of crude oil was 37.87 million tons, daily output reached 1.26 million tons, up by 3.2 percent; that of ten kinds of nonferrous metals was 2.84 million tons, daily output grew to 95 thousand tons, up by 8.2 percent; that of ethylene was 1.32 million tons, daily output reached 44 thousand tons, up by 1.9 percent; that of motor vehicles was 1793 thousand sets, daily output topped 60 thousand sets, down by 1.3 percent; that of cars was 983 thousand sets, daily output totaled 33 thousand sets, down by 0.8 percent.

The sales ratio of industrial products in November was 97.5 percent, or 0.2 percentage point lower than that in the same period of last year. The total export delivery value of industrial enterprises was 883.6 billion yuan, up by 10.1 percent year-on-year.


Industrial Production Operation in November

Indicators

November

Jan-Nov

Absolute Value

Year-on-year Increase rate

(%)

Absolute Value

Year-on-year Increase rate

(%)

 

 

 

 

 

Value-added of Industry Above Designated Size

12.4

14.0

Grouped by Light & Heavy Industry

 

 

 

 

Light Industry

12.4

13.0

Heavy Industry

12.4

14.4

Grouped by Status of Registration

 

 

 

 

 State Owned & State-holding Enterprises

7.8

9.9

 Collective-Owned Enterprises

6.8

9.0

 Joint-Stock Enterprises

14.4

16.0

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

8.4

10.6

The Value-Added of the Main Industrial Sectors

 

 

 

 

  Manufacture of Textile

10.1

7.8

  Manufacture of Chemical Raw Material and Chemical Products

14.5

14.8

  Manufacture of Nonmetal Mineral Products

16.8

18.7

Manufacture of Ferrous Metal Smelting and Pressing

9.7

9.9

  Manufacture of General Machinery

14.2

18.1

  Manufacture of Transport Equipment

11.4

12.1

  Manufacture of Electric Machinery and Equipment

11.6

14.7

  Manufacture of Communication Equipment, Computers and Other Electronic Equipment

13.4

16.0

  Production and Supply of Electricity, Gas and Water

7.6

9.9

Output of Major Products

 

 

 

 

  Electricity (100 million kWh)

3713

8.5

41939

12.0

  Pig Iron (10,000 tons)

7010

7.8

81014

13.1

  Cement (100 tons)

18806

11.2

189158

17.2

  Crude Oil (10,000 tons)

3787

3.2

40849

5.3

  10 Kinds Of Nonferrous Metals (10,000 tons)

284

8.2

3123

10.3

  Ethylene (10,000 tons)

132

1.9

1396

7.4

  Automobile (10,000 sets)

179.3

-1.3

1737.1

3.9

    Of which: Autocars (10,000 sets)

98.3

-0.8

947.0

7.2

Sales Ratio (%)

97.5

-0.2 (percentage point)

97.9

0 (percentage point)

Export Delivery Value (100 million yuan)

8836

10.1

92454

17.3

 

 

 

 

 












 

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. With this indicator can determine the short-term trend of the industrial economy of operation, the extent of the economic boom, also the important reference and basis for formulation and adjustment of economic policies, and 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. In calculating the export delivery value, the transaction price of foreign exchange should be converted into RMB.

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.

The year-on-year growth rate of product output: as industrial enterprises above designated size range will be some changes each year, according to the regulations of NBS, the data in the same period of previous year were required when enterprises submit monthly data. Hence, the year-on-year growth rate of product output was calculated by the current total value added of the industrial enterprises above designated size divided by the data submitted at the same time period.

2. Statistical Coverage.

From 2011 on, the standard starting point of industrial enterprises above designated size was adjusted to 20 million yuan of annual revenue from primary business, the former one was 5 million yuan.

3. Data Collection.

The reports of industrial enterprises above designated size is 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.

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 February to October 2011 was revised according to the results of automatic revision of seasonal adjustment model. The results and data in November is as follows:

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

2011

Growth Rate (%)

 

 

February

0.94

March

1.13

April

0.92

May

0.95

June

1.34

July

0.82

August

0.92

September

1.12

October

0.88

November

0.91

 

 

 
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