In July, the added value of chemical raw materials and chemical products manufacturing increased by 7.2% year-on-year

Recently, the National Bureau of Statistics released data showing that in July, the added value of industrial enterprises above designated size increased by 5.7% year-on-year in real terms. Among them, the oil and natural gas extraction industry increased by 4.1% year-on-year, and the chemical raw materials and chemical products manufacturing industry increased by 7.2% year-on-year.

From January to July, the added value of industrial enterprises above designated size increased by 6.3% year-on-year. Among them, the oil and natural gas extraction industry increased by 3.7% year-on-year, and the chemical raw materials and chemical products manufacturing industry increased by 8.0% year-on-year.

Looking at the three major categories, in July, the added value of the mining industry increased by 5.0% year-on-year, the manufacturing industry increased by 6.2%, and the electricity, heat, gas and water production and supply industry increased by 3.3%.

By economic type, in July, the added value of state-controlled enterprises increased by 5.4% year-on-year; joint-stock enterprises increased by 6.5%; foreign-invested enterprises and Hong Kong, Macao and Taiwan-invested enterprises increased by 2.8%; and private enterprises increased by 5.0%.

In terms of different industries, in July, the added value of 35 out of 41 major industries maintained year-on-year growth. Among them, the coal mining and washing industry grew by 4.2%, the oil and natural gas extraction industry grew by 4.1%, the agricultural and sideline food processing industry grew by 5.6%, the wine, beverage and refined tea manufacturing industry grew by 0.1%, the textile industry grew by 1.7%, the chemical raw materials and chemical products manufacturing industry grew by 7.2%, the non-metallic mineral products industry decreased by 0.6%, the ferrous metal smelting and rolling processing industry grew by 8.6%, the non-ferrous metal smelting and rolling processing industry grew by 6.8%, the general equipment manufacturing industry grew by 8.4%, the special equipment manufacturing industry grew by 3.8%, the automobile manufacturing industry grew by 8.5%, the railway, shipbuilding, aerospace and other transportation equipment manufacturing industry grew by 13.7%, the electrical machinery and equipment manufacturing industry grew by 10.2%, the computer, communications and other electronic equipment manufacturing industry grew by 10.2%, and the electricity, heat production and supply industry grew by 3.4%.

By product, in July, the output of 335 of the 623 industrial products above designated size increased year-on-year. Among these, steel output reached 122.95 million tons, a year-on-year increase of 6.4%; cement output reached 145.57 million tons, a decrease of 5.6%; ten non-ferrous metals output reached 6.81 million tons, a 2.2% increase; ethylene output reached 3.12 million tons, a 9.1% increase; automobile output reached 2.51 million units, an 8.4% increase, of which new energy vehicles reached 1.176 million units, a 17.1% increase; power generation reached 926.7 billion kWh, a 3.1% increase; and crude oil processing output reached 63.06 million tons, an 8.9% increase. 

In July, the product sales rate of industrial enterprises above designated size was 97.1%, down 0.2 percentage points year-on-year; the export delivery value of industrial enterprises above designated size reached 1,290.4 billion yuan, a nominal increase of 0.8% year-on-year.