In March, the value added of large-scale industries actually increased by 4.5% year-on-year.
Financial Services Association, April 16. In March, the value added of industries above scale actually increased 4.5% year-on-year (the growth rate of value added is the actual growth rate after deducting price factors). On a month-on-month basis, in March, the value added of industries above scale fell 0.08% compared to the previous month. From January to March, the value added of large-scale industries increased by 6.1% year-on-year.
Looking at the three major categories, in March, the value added of the mining industry increased by 0.2% year on year, the manufacturing industry grew by 5.1%, and the production and supply of electricity, heat, gas and water increased by 4.9%.
By economic type, in March, the value added of state-owned enterprises increased by 4.1% year on year; joint-stock enterprises increased by 5.1%; enterprises invested by foreign, Hong Kong, Macao and Taiwan increased by 2.6%; and private enterprises increased by 3.7%.
By industry, in March, 32 of the 41 major industries maintained year-on-year growth in value added. Among them, the coal mining and washing industry fell 1.6%, the oil and gas extraction industry grew 1.5%, the agricultural and sideline food processing industry grew 5.2%, the wine, beverage and refined tea manufacturing industry grew 4.0%, the textile industry grew 2.5%, the chemical raw materials and chemical products manufacturing industry grew 9.1%, the non-metallic mineral products industry fell 2.8%, the ferrous metal smelting and rolling processing industry grew by 3.3%, and the non-ferrous metal smelting and rolling processing industry grew 11.2%. The general equipment manufacturing industry remained flat year-on-year, the special equipment manufacturing industry grew 0.9%, the automobile industry grew 9.4%, railways, The shipbuilding, aerospace and other transportation equipment manufacturing grew 8.6%, the electrical machinery and equipment manufacturing industry grew 4.8%, the computer, communications and other electronic equipment manufacturing grew 10.6%, and the electricity, heat production and supply industry grew 4.9%.
By product, in March, production of 338 out of 619 products increased year-on-year. Among them, 123.37 million tons of steel, up 0.1% year on year; 154.4 million tons of cement, a decrease of 22.0%; 6.67 million tons of ethylene, up 7.1%; 2.77 million tons of ethylene, up 3.6%; 2.794 million vehicles, an increase of 6.5%, of which 884 million new energy vehicles, an increase of 33.5%; power generation capacity was 747.7 billion kilowatt-hours, an increase of 2.8%; crude oil processing volume was 63.78 million tons, an increase of 1.3%.
In March, the product sales rate of industrial enterprises above scale was 93.1%, down 1.3 percentage points from the previous year; industrial enterprises above scale achieved export delivery value of 1267.1 billion yuan, a nominal increase of 1.4% over the previous year.