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Home > News > Market Flash > In July China's chemical industry added value increased by 4.7% year-on-year

In July China's chemical industry added value increased by 4.7% year-on-year

2020-08-18

The data released by the National Bureau of Statistics of China on August 14 showed that in July, the value added of domestic industries above designated size increased by 4.8% year-on-year in real terms, and the growth rate was the same as in June; the month-on-month increase was 0.98%. Among them, the manufacturing of chemical raw materials and chemical products increased by 4.7% year-on-year.

  In terms of different industries, in July, 25 of the 41 major industries maintained year-on-year growth in added value. The agricultural and sideline food processing industry decreased by 2.2%, the textile industry increased by 0.7%, the chemical raw materials and chemical products manufacturing industry increased by 4.7%, the non-metallic mineral products industry increased by 3.1%, the general equipment manufacturing industry increased by 9.6%, and the special equipment manufacturing industry increased by 10.2% , The automobile manufacturing industry increased by 21.6%.

  In terms of products, in July, 369 products out of 612 products increased year-on-year. Among them, ethylene was 1.74 million tons, an increase of 3.0%; automobiles were 2.258 million, an increase of 26.8%, of which 108,000 were new energy vehicles, an increase of 36.7%; power generation was 680.1 billion kWh, an increase of 1.9%; crude oil processing volume was 59.56 million tons , An increase of 12.4%.

  In July, the product sales rate of industrial enterprises was 98.4%, which was the same as the same month of the previous year; the export delivery value of industrial enterprises was 1.039.9 billion yuan, a nominal increase of 1.6% year-on-year.

   From January to July, the value added of industries above designated size fell by 0.4% year-on-year.

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