The National Bureau of Statistics interprets the industrial production data for May.
Release time:
2016-06-21
Source:
Central Government Portal Website, 2016-06-13
5 Monthly industrial production grew steadily.
— Interpretation by Jiang Yuan, Senior Statistician at the Industrial Division of the National Bureau of Statistics 5 Monthly industrial production data
6 Moon 13 On [date], the National Bureau of Statistics released industrial production data: 5 In the month, the value-added of industrial enterprises above designated size nationwide increased by a real year-on-year rate. 6% , growth rate and 4 The month remained unchanged. 5 Monthly industrial production exhibits distinct characteristics of structural optimization and sectoral differentiation.
First, growth in the high-tech industry has significantly accelerated. 5 In the month, the value added of high-tech industries increased year-on-year. 11.5% , growth rate compared to 4 Month accelerated 1.8 percentage points, higher than the overall industrial sector 5.5 percentage points. Among them, the pharmaceutical manufacturing industry grew... 12.2% Growth in the aerospace and spacecraft manufacturing industry 28.3% Growth in the electronics and telecommunications equipment manufacturing industry 12.5% Growth in the information chemical manufacturing industry 27.5% Their growth rates were significantly higher than those of all large-scale industrial enterprises.
Second, the growth rate of the equipment manufacturing industry is rebounding. 5 In the month, the value-added of equipment manufacturing increased year-on-year. 8.5% , the growth rate is relatively 4 Month accelerated 0.6 percentage points. Among them, the growth rate of the instrument and meter manufacturing industry has accelerated. 3.2 Percentage points; manufacturing of computer communications and other electronic equipment accelerates. 1.7 Percentage points; the manufacturing of electrical machinery and equipment accelerates. 0.9 Percentage points; manufacturing of specialized equipment accelerates. 0.7 Percentage points; manufacturing of general-purpose equipment accelerates. 0.4 percentage point.
Third, the growth rates of traditional industries such as mining and high-energy-consuming sectors continue to slow down. 5 In the month, the value-added of the mining industry declined year-on-year. 2.3% This marks the first overall decline in recent years. Among them, coal mining and washing industries saw a year-on-year decrease. 4.4% , the decline is relatively 4 The monthly expansion continued; the oil and gas extraction industry and the ferrous metal mining and beneficiation industry shifted from growth to decline. The six major high-energy-consuming industries saw year-on-year growth. 5.9% , the growth rate is relatively 4 Monthly decline 0.4 percentage points. Among these, the petroleum processing, coking, and nuclear fuel processing industries saw year-on-year growth. 6% , the growth rate is relatively 4 Monthly decline 2.7 percentage points; the black metal smelting and rolling industry declined year-on-year. 2.1% The decline continues to widen; the growth rate of the non-metallic mineral products industry has slowed down. 1 percentage point.