2021 Industrial value added above the scale increased by 5.3% in August

According to the official website of the National Bureau of Statistics, in August, the value added of industry above the scale increased by 5.3% year-on-year in real terms (the following value added growth rates are all real growth rates net of price factors), up 11.2% over the same period in 2019, with a two-year average growth rate of 5.4%. In terms of ringgit, in August, the value added of industry above the scale increased by 0.31% over the previous month. from January to August, the value added of industry above the scale increased by 13.1% year-on-year, with a two-year average growth rate of 6.6%.

By three major categories, in August, the value added of mining industry grew 2.5% year-on-year, manufacturing industry grew 5.5%, electricity, heat, gas and water production and supply industry grew 6.3%.

By economic type, in August, the value added of state-controlled enterprises grew 4.6% year-on-year; joint-stock enterprises grew 6.1%, foreign and Hong Kong, Macao and Taiwan-invested enterprises grew 3.4%; private enterprises grew 5.2%.

By industry, in August, the value added of 34 industries in 41 major categories of industries to maintain year-on-year growth. Agricultural and food processing industry grew 7.2%, the textile industry fell 2.5%, chemical raw materials and chemical products manufacturing industry grew 5.5%, non-metallic mineral products industry grew 4.4%, ferrous metal smelting and rolling processing industry fell 5.3%, non-ferrous metal smelting and rolling processing industry grew 2.8%, general equipment manufacturing industry grew 6.7%, equipment manufacturing industry grew 8.7%, automotive manufacturing industry fell 12.6%, railroad, ship, aerospace and other transportation equipment manufacturing industry grew 1.3%, electrical machinery and equipment manufacturing industry grew 10.3%, computer, communications and other electronic equipment manufacturing industry grew 13.3%, electricity, heat production and supply industry grew 5.0%.

By product, in August, 612 kinds of products, there are 323 kinds of products production increased year-on-year. Steel 108.8 million tons, down 10.1%; cement 215.17 million tons, down 5.2%; 10 non-ferrous metals 5.3 million tons, up 0.4%; ethylene 2.31 million tons, up 15.3%; 1.734 million cars, down 19.1%, of which, 33.0 million new energy vehicles, up 151.9%; power generation 738.3 billion kilowatt hours, up 0.2%; crude oil processing volume of 58.35 million tons, down 2.2%.

In August, the product sales rate of industrial enterprises was 97.8%, down 0.4 percentage points year-on-year; industrial enterprises achieved export delivery value of 120.55 billion yuan, up 14.8% in nominal terms

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