The growth rate of industrial production rebounded slightly in October
——Yangtze River, deputy director of the Department of Industry of the National Bureau of Statistics, interpreted October’s industrial production data
With the vigorous advancement of the national energy supply and price stabilization policy, the growth rate of industrial production rebounded in October. From the perspective of the three major categories, the growth rates of the mining and electrical and water production and supply industries have all accelerated compared to September, and the high-tech, equipment, and consumer goods industries in the manufacturing industry have rebounded to varying degrees.
First, the growth rate of industrial production rebounded slightly. In October, the value added of the industrial enterprises above designated size across the country increased by 3.5% year-on-year, and the two-year average growth rate was 5.2% (based on the corresponding period in 2019, calculated using the geometric average method), and the growth rate was 0.4% and 0.2% faster than the previous month. , Respectively, the first rebound in this year and since May. In terms of categories, mining, electricity, heat, gas, and water production and supply industries benefited from the energy guarantee policy and the accelerated release of high-quality coal production capacity. The added value increased by 6.0% and 11.1%, respectively, an increase of 2.8 and 1.4 respectively from the previous month. Percentage points; the manufacturing industry grew by 2.5%, and the growth rate was steady and rising. The growth rate of half of the industries and products rebounded. Among the 41 major industrial sectors, the growth rate of 22 industries rebounded from the previous month, accounting for 53.7%, and the number increased by 10 from the previous month. Among the 612 major industrial products, the growth rate of 295 products rose from the previous month, accounting for 48.2 %, the number increased by 114 from the previous month. From January to October, the industrial added value of the regulations increased by 10.9% year-on-year, and the two-year average growth rate was 6.3%.
Second, the leading role of high-tech and equipment manufacturing industries continues to increase. In October, the value added of the high-tech and equipment manufacturing industries above designated size increased by 14.7% and 4.7% year-on-year, respectively. The growth rate was 0.7% and 0.4% higher than the previous month, respectively, driving industrial growth by 2.2% and 1.6% respectively, and driving industrial growth. The effect continues to increase. Among them, the electronics industry, the largest industry in the industry, grew by 14.0% year-on-year, and the growth rate was 4.5 percentage points higher than the previous month; the aerospace vehicle manufacturing, computer and office equipment manufacturing, and pharmaceutical manufacturing industries all grew by more than 15% . Affected by factors such as the industrial green transformation and upgrading, the growth of smart consumer demand, and the increase in industrial automation rate, the output of emerging products has maintained rapid growth. In October, the output of new energy vehicles increased significantly by 127.9%, continuing to double growth; the output of vending machine ticket vending machines, solar cells, and industrial robots increased by 33.3%, 12.3%, and 10.6% respectively year-on-year; integrated circuits, monocrystalline silicon, and India The output of important electronic products such as printed circuit boards maintained double-digit growth.
Third, the production of nearly 80% of the consumer goods industry has accelerated. In October, the added value of the consumer goods manufacturing industry above designated size increased by 6.5% year-on-year, and the two-year average growth rate was 4.4%. The growth rate was 1.4 and 0.3 percentage points higher than the previous month. Driven by factors such as increasing seasonal demand, e-commerce promotions, and active stocking during the overseas Christmas season, the growth rate of the added value of nearly 80% of the consumer goods industry has accelerated compared with the previous month, and the driving force for consumption has increased significantly. Among them, the added value of tobacco, alcoholic beverages, refined tea, textiles and apparel, and food manufacturing increased by 11.9%, 9.2%, 8.2%, and 6.8%, respectively, and the growth rate was 10.5, 5.6, 3.0, and 4.0 percentage points faster than the previous month. In terms of main products, the output of fresh and refrigerated meat, beverages, and beer increased by 27.6%, 20.8%, and 16.7% respectively year-on-year; the output of upgraded consumption products such as silk quilts, linens, fruit juice and vegetable juice beverages all maintained double-digit growth.
Fourth, industrial exports maintained double-digit growth. In October, the export delivery value of industrial enterprises above designated size increased by 11.6% year-on-year, continuing the double-digit growth since the beginning of the year; the two-year average growth rate was 7.9%, and the growth rate was 0.8 percentage points higher than the previous month, fully reflecting the vitality and resilience of foreign trade development. Among them, the export delivery value of the pharmaceutical manufacturing industry increased by 68.4%, continuing to maintain rapid growth; the high demand in overseas markets drove the export delivery value of automobiles to increase by 41.8%; the export delivery value of the chemical, metal products, and special equipment industries increased by 43.2% and 33.8 respectively. %, 23.3%, maintaining a rapid growth trend; electrical machinery, general equipment, cultural, educational and sporting goods all maintained a relatively rapid growth of more than 10%.
Although the growth rate of industrial production has picked up in October, industrial development still faces many difficulties and uncertainties. Industrial product prices are operating at high levels. The stable recovery of mid- and downstream industries, private, small and medium-sized enterprises is not yet solid, and the industrial chain is still blocked. obvious. In the next stage, we need to implement comprehensive policies. While coordinating the prevention and control of the epidemic, we will implement various relief measures for manufacturing enterprises to benefit enterprises, make every effort to ensure supply and stabilize prices, smooth the supply chain of the industrial chain, and promote the industrial economy. Healthy and stable operation.