Tianjin Xinyue Industrial and Trade Co., Ltd.
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Value added of industrial enterprises above designated size increased by 6.2% in November

Dec. 26, 2019

According to news from the National Bureau of Statistics on December 16, in November 2019, the added value of industrial enterprises above designated size actually increased by 6.2% year-on-year (the growth rate of value added below is the actual growth rate after deducting price factors), an increase of 1.5 percentage points from October. From a month-on-month basis, in November, the added value of industries above designated size increased by 0.78% over the previous month. From January to November, the added value of industrial enterprises above designated size increased by 5.6% year-on-year.


In terms of three major categories, in November, the added value of the mining industry increased by 5.7% year-on-year, an increase of 1.8 percentage points over October; the manufacturing industry increased by 6.3%, an increase of 1.7 percentage points; the power, heat, gas and water production and supply industries It increased by 6.7% and accelerated by 0.1 percentage point.


In terms of economic types, in November, the value-added of state-owned holding enterprises increased by 3.7% year-on-year; joint-stock enterprises increased by 7.0%; foreign-invested enterprises from Hong Kong, Macao and Taiwan increased by 3.2%; private enterprises increased by 8.9%.


In terms of industries, in November, 38 of the 41 major industries maintained year-on-year growth in value added. The agricultural and sideline food processing industry decreased by 0.6%, the textile industry increased by 2.5%, the chemical raw materials and chemical products manufacturing industry increased by 7.9%, the non-metallic mineral products industry increased by 8.6%, the ferrous metal smelting and rolling processing industry grew by 10.7%, and the non-ferrous metal smelting and The rolled processing industry increased by 6.4%, the general equipment manufacturing industry increased by 6.2%, the special equipment manufacturing industry increased by 7.0%, the automobile manufacturing industry increased by 7.7%, the railway, ship, aerospace and other transportation equipment manufacturing industry increased by 0.1%, and electrical machinery and equipment Manufacturing increased by 12.6%, computer, communications and other electronic equipment manufacturing increased by 9.7%, and electricity, heat production and supply increased by 6.8%.


In terms of regions, in November, the value added of the eastern region increased by 6.2% year-on-year, the central region increased by 7.4%, the western region increased by 5.9%, and the northeast region increased by 7.6%.


In terms of products, in November, 369 of the 605 products increased year-on-year. 104.02 million tons of steel, a year-on-year increase of 10.4%; 224.87 million tons of cement, an increase of 8.3%; ten kinds of non-ferrous metals, 5.11 million tons, an increase of 4.0%; 1.78 million tons of ethylene, an increase of 18.9%; 2.608 million vehicles, an increase of 3.7% , 1.05 million cars, down 3.4%; 95,000 new energy vehicles, down 41.0%; power generation 589 billion kilowatt-hours, an increase of 4.0%; crude oil processing capacity of 56.08 million tons, an increase of 10.1%.


In November, the sales rate of industrial enterprises' products was 98.0%, an increase of 0.1 percentage point from the same period last year. The export delivery value of industrial enterprises was 1,124.8 billion yuan, a nominal decrease of 3.4% year-on-year.


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